Document:

DEFERRED COMPENSATION AGREEMENT

EXHIBIT 10.5

DEFERRED COMPENSATION
AGREEMENT 

[Full Name of Employee] 

[Address] 

[Date] 

Dear [First Name]: 

        Pursuant
to the Long-Term Incentive Plan (the “Plan”) of Cablevision Systems
Corporation (the “Company”), you have been selected by the Compensation
Committee of the Board of Directors (as more fully described in Section 16, the
“Committee”) to receive a cash award in the initial base amount of Five
Hundred Thousand Dollars ($500,000) (such amount as increased or decreased in the manner
hereinafter provided, the “Award Amount”) effective as of October 1, 2004
(the “Effective Date”). 

        Capitalized
terms used, but not defined, in this agreement (this “Agreement”) have
the meanings given to them in the Plan. Your receipt of the Award Amount is subject to the
terms and conditions set forth below: 

     1.    
          Annual Award Amount Increases. The Award Amount shall be increased on
          each of the first seven (7) anniversary dates of the Effective Date by an amount
          equal to the lesser of: (i) twenty percent (20%) of your annual base salary as
          in effect on the applicable anniversary date, and (ii) One Hundred and Fifty
          Thousand Dollars ($150,000), provided, that you have remained in
          the continuous employ of the Company or one of its Affiliates through such
          anniversary dates. 

     2.    
          Interest. The Award Amount shall earn interest (“Award
          Interest”) at the rate of two and four-tenths percent (2.40%) per annum
          for the period ending on September 30, 2005. For each subsequent twelve
          (12)-month period included within the period ending on September 30, 2011, the
          Award Amount shall earn Award Interest at the average of the one-year LIBOR
          fixed-rate equivalent for the ten (10) business days immediately preceding the
          first day (i.e., October 1st) of such twelve (12)-month
          period. 

        Award
Interest shall be added to the Award Amount on a quarterly basis commencing on January 1,
2005 and continuing on the first day of each subsequent quarterly period through and
including October 1, 2011 (“Interest Payment Dates”). The amount of Award
Interest added to the Award Amount on each Interest Payment Date shall be calculated by
reference to the Award Amount (including prior Award Interest) outstanding on the day
immediately preceding such Interest Payment Date. 

     3.    
          Award Payment on 5th and 7th Anniversaries. If you
          have remained in the continuous employ of the Company or one of its Affiliates
          from the Effective Date through the fifth (5th) anniversary thereof,
          then you will receive, promptly following such anniversary, a cash payment (the
          “Fifth Anniversary Payment”) equal to fifty percent (50%) of
          the Award Amount outstanding on the fifth (5th) anniversary of the
          Effective Date after giving effect to the increases 

required to be made to the Award
Amount on such anniversary date pursuant to Sections 1 and 2 above. Upon payment to you of
the Fifth Anniversary Payment, the outstanding Award Amount shall be reduced by the amount
of such payment. If you have remained in the continuous employ of the Company or one of
its Affiliates from the Effective Date through the seventh (7th) anniversary
thereof, then you will receive, promptly following such anniversary, a cash payment equal
to the balance of the Award Amount outstanding on the seventh (7th) anniversary
of the Effective Date after giving effect to the increases required to be made to the
Award Amount on such anniversary date pursuant to Sections 1 and 2 above. 

     4.    
          Termination for Cause and Certain Other Employment Termination Events Prior
          to October 1, 2006. If (i) your employment is terminated by the Company or
          one of its Affiliates for Cause (as defined below) at any time or (ii) you do
          not remain continuously employed with the Company or one of its Affiliates,
          other than by reason of your death or Disability (as defined below) from the
          Effective Date through the second (2nd) anniversary of the Effective
          Date, you will automatically forfeit all of your rights and interest in the
          Award Amount. 

        For
purposes of this Agreement, “Cause” means, as determined by the
Committee, your (i) commission of an act of fraud, embezzlement, misappropriation, willful
misconduct, gross negligence or breach of fiduciary duty against the Company or an
Affiliate thereof, or (ii) commission of any act or omission that results in a conviction,
plea of no contest, plea of nolo contendere, or imposition of unadjudicated
probation for any crime involving moral turpitude or any felony. 

        For
purposes of this Agreement, “Disability” shall have the meaning specified
in Section 409A(a)(2)(C) of the Internal Revenue Code, as amended (the
“IRC”). 

     5.    
          Certain Employment Termination Events On or After October 1, 2006. 

        a.    If
your  employment  with the Company and any of its  Affiliates  terminates at any
time  during  the  period  from  and  including   the  second   (2nd)
anniversary through and including the fifth (5th)  anniversary of the
Effective  Date for any reason  other than as a result of a  termination  by the
Company  or one of its  Affiliates  for  Cause  or by  reason  of your  death or
Disability, then you will receive, promptly following the effective date of your
termination  of  employment,  a cash  payment  equal to the product  obtained by
multiplying the (i) Applicable  Ratio (as defined in Section 5(c) below) by (ii)
Award Amount outstanding on the effective date of your termination. 

        b.    If
your  employment  with the Company and any of its  Affiliates  terminates at any
time after the fifth  (5th)  anniversary  of the  Effective  Date for any reason
other than as a result of a termination of your employment by the Company or one
of its Affiliates  for Cause or by reason of your death or Disability,  then you
will  receive,  promptly  following the effective  date of your  termination  of
employment, a cash payment (the “Subject  Payment”)  calculated
by first adding the (i) Award Amount  outstanding  on the effective date of your
termination of employment and (ii) Fifth Anniversary  Payment that you received.
The sum obtained  pursuant to the immediately  preceding  sentence shall then be
multiplied by the Applicable Ratio on such date. The Fifth  Anniversary  Payment
shall then be subtracted from the product  obtained  pursuant to the immediately
preceding sentence to obtain the amount of the Subject Payment.  For purposes of

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illustration, the foregoing procedure
for calculating the amount of the Subject Payment can be expressed formulaically as
follows: 

Subject Payment =
[Applicable Ratio x (Award Amount + Fifth Anniversary Amount)] — Fifth Anniversary
Amount.  

        c.    For
purposes of this Agreement, “Applicable Ratio” means two-sevenths
          (2/7) if the effective date of the termination of your employment with
          the Company or any of its Affiliate is October 1, 2006, which fraction shall
          thereafter increase by one eighty-fourth (1/84) on the first day of each
          subsequent calendar month (through and including October 1, 2011) that you
          remained in the continuous employ of the Company or one of its Affiliates
          through the effective date of the termination of your employment.  

        d.    Your
receipt  of any amount  payable to you under this  Section 5 shall be subject to
your  execution  and  the  effectiveness  of  a  separation   agreement  to  the
Company’s  satisfaction (which agreement shall include, without limitation,
non-disparagement,  non-solicitation,  confidentiality  and further  cooperation
obligations/restrictions  on you,  as well as a  general  release  by you of the
Company and its Affiliates). 

     6.    
          Disability or Death. If at any time your employment with the Company or
          one of its Affiliates is terminated as a result of your Disability or
          death then you or your estate, as the case may be, will receive, promptly
          following the date of such termination, the Award Amount then outstanding on
          such date. 

     7.    
          Change in Control Event. 

        a.    Notwithstanding
anything to the contrary contained in this Agreement, if at any time a Change in
Control (as defined  below) of the Company occurs and  immediately  prior to the
Change in Control you are employed by the Company or one of its Affiliates,  you
shall be entitled to the Award Amount  outstanding  on the date of the Change in
Control (the  “CIC  Amount”)  in  accordance  with Section 7(b)
below. 

        b.    If
the actual Change in Control event:  

               i    is
a permissible distribution event under Section 409A of the IRC or payment of the CIC
Amount promptly upon such event is otherwise permissible under Section 409A of the IRC
(including, for the avoidance of doubt, by reason of the inapplicability of Section 409A
of the IRC to the CIC Amount), then the CIC Amount outstanding on the date of the Change
in Control shall be paid to you by the Company promptly following the Change in Control;
or  

               ii    is
not a permissible distribution event under Section 409A of the IRC and payment of the CIC
Amount promptly upon such event is not otherwise permissible under Section 409A of the
IRC (including, for the avoidance of doubt, by reason of the inapplicability of Section
409A of the IRC to the CIC Amount), then the CIC Amount or portion thereof shall be paid
to you by the Company (together with interest thereon pursuant to Section 7(c) below) on
the earliest to occur of:  

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	  	        (1)    
any subsequent  date on which you are no longer  employed by the Company or any of
its Affiliates for any reason other than termination by one of such entities for
“Cause” (subject to Section 8 below if you are determined by the Company to be a
“key employee” within the meaning of Section 409A of the IRC); 

	  	        (2)    
any other date on which such payment or portion  thereof  would be a permissible
distribution under Section 409A of the IRC; 

	  	        (3)    
if the  Change in  Control  occurred  on or prior to the fifth  (5th)
anniversary of the Effective  Date,  fifty percent (50%) of the CIC Amount shall
be paid to you on such fifth (5th)  anniversary date, with the unpaid
balance  (together with interest thereon pursuant to Section 7(c) below) paid on
October 1, 2011; or 

	  	        (4)    
October 1, 2011. 

        c.    
Upon any Change in Control,  to the extent any amounts are due to be paid to you
at a later date pursuant to Section  7(b)(ii) above,  the Company shall promptly
following  the Change in Control  set aside  such  amount for your  benefit in a
“rabbi  trust”  that satisfies the  requirements of Revenue  Procedure
92-64,  and on a monthly basis shall deposit into such trust interest in arrears
(compounded  quarterly  at the rate  provided  below)  until  such  time as such
amount,  together  with all  accrued  interest  thereon,  is paid to you in full
pursuant  to Section  7(b)(ii)  above.  The initial  interest  rate shall be the
average of the one-year  LIBOR fixed rate  equivalent  for the ten business days
prior to the date of the Change in Control and shall  adjust  annually  based on
the average of such rate for the ten business days prior to each  anniversary of
the Change in Control. 

        For
purposes of this Agreement, “Change in Control” means the acquisition, in
a transaction or a series of related transactions, by any person or group, other than
Charles F. Dolan or members of the immediate family of Charles F. Dolan or
trusts for the benefit of Charles F. Dolan or his immediate family (or an entity or
entities controlled by any of them) or any employee benefit plan sponsored or maintained
by the Company, of (i) the power to direct the management of substantially all the
cable television systems then owned by the Company in the New York City Metropolitan
Area (as defined below) or (ii) after any fiscal year of the Company in which all the
systems referred to in clause (i) above shall have contributed in the aggregate less
than a majority of the net revenues of the Company and its consolidated subsidiaries, the
power to direct the management of the Company or substantially all its assets. Net
revenues shall be determined by the independent accountants of the Company in accordance
with generally accepted accounting principles consistently applied and certified by such
accountants. 

        For
purposes of this Agreement, “New York City Metropolitan Area” means all
locations within the following counties: (i) New York, Richmond, Kings, Queens,
Bronx, Nassau, Suffolk, Westchester, Rockland, Orange, Putnam, Sullivan, Dutchess, and
Ulster in New York State; (ii) Hudson, Bergen, Passaic, Sussex, Warren,
Hunterdon, Somerset, Union, Morris, Middlesex, Mercer, Monmouth, Essex and Ocean in
New Jersey; (iii) Pike in Pennsylvania; and (iv) Fairfield and New Haven in
Connecticut. 

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8.    Payment to Key Employee.
Notwithstanding anything to the contrary contained in this Agreement, if the Company
determines that you are a “key employee” within the meaning of Section 409A of
the Internal Revenue Code, as amended, and that, as a result of such determination, any
portion of the Award Amount would be subject to additional taxation, the Company will
delay payment of such amount until the earliest permissible date on which the Award Amount
may be paid without triggering such additional taxation. 

     9.    
          Relationship with Competitive Entities. In the event you shall
          voluntarily terminate your employment on or after the second (2nd)
          anniversary of the Effective Date such that you are no longer employed by the
          Company or one of its Affiliates or your employment is terminated at any time by
          the Company or one of its Affiliates for Cause, you shall not become employed
          by, consult to, or have any interest, directly or indirectly, in any Competitive
          Entity from the effective date of such termination of your employment through
          the one-year anniversary of your most recent receipt or scheduled receipt of any
          portion of the Award Amount. If you shall voluntarily terminate your employment
          such that you are no longer employed by the Company or one of its Affiliates,
          and subsequently breach the restriction contained in the immediately preceding
          sentence, you shall within ten (10) business days thereof pay the Company, as
          liquidated damages and not as a penalty, an amount equal to (i) the Award Amount
          paid to you plus (ii) interest at a rate equal to the lesser of (a) twelve
          percent (12%) per annum or (b) the maximum interest rate permitted by applicable
          law, compounded quarterly, calculated from the date the Award Amount or portion
          thereof was first paid until the date such payment to the Company is made. 

        For
purposes of this Agreement, a “Competitive Entity” shall mean (1) any
company that competes (including, without limitation, by means of direct broadcast
satellite) with any of the Company’s cable television, telephone or on-line data
businesses in the New York City Metropolitan Area or that competes with any of the
Company’s direct broadcast satellite, programming, cinema, sports or entertainment
businesses, nationally or regionally; or (2) any trade or professional association
representing any of the companies covered by this Section 10, other than the National
Cable Television Association and any state cable television association. Ownership of not
more than one percent (1%) of the outstanding stock of any publicly-traded company shall
not be a violation of this Section 9. 

        By
accepting this Agreement, you understand that the terms and conditions of this Section 9
may limit your ability to earn a livelihood in a business similar to the business of the
Company, but nevertheless hereby agree that the restrictions and limitations hereof are
reasonable in scope, area and duration, and that the consideration provided under the Plan
and this Agreement is sufficient to justify the restrictions and limitations contained in
this Section 9. Accordingly, in consideration thereof and in light of your education,
skills and abilities, by participating in the Plan, you hereby agree that you will not
assert, and it should not be considered, that such provisions are either unreasonable in
scope, area or duration, or will prevent you from earning a living, or otherwise are void,
voidable or unenforceable or should be voided or held unenforceable. You further
understand and hereby agree that the restrictions and limitations contained in this
Section 9 are ancillary to, and part of, the Plan and this Agreement, and are reasonably
necessary to protect the good will and business interests of the Company. 

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        You
hereby agree that a breach or threatened breach on your part of the restrictions and
limitations contained in this Section 9 will cause such damage to the Company as will be
irreparable and for that reason you further agree that the Company shall be entitled as a
matter of right to an injunction or other equitable relief out of any court of competent
jurisdiction, restraining any further violation of this Section 9 by you. The right to
injunction or other equitable relief shall be cumulative and in addition to any and all
other remedies the Company may have, including, specifically, recovery of money damages
and any other legal or equitable relief available. You hereby waive any requirement for
security or the posting of any bond or other surety and proof of damages in connection
with any temporary or permanent award of injunctive or other equitable relief. 

10.    
Termination. Except for a right which has accrued and vested to receive a
payment on account of the Award,  this Agreement shall  automatically  terminate
and be of no further  force and effect on October 2, 2011.  Notwithstanding  the
foregoing,   Section  9  shall  survive  the   termination  of  this  Agreement.

11.    
Transfer  Restrictions. You may not transfer, assign, pledge or otherwise
encumber  the Award  Amount,  other  than to the  extent  provided  in the Plan.

12.    
Unfunded  Obligation.  The Plan will at all times be unfunded and, except
as set forth in Section 7(c) of this Agreement, no provision will at any time be
made  with  respect  to  segregating  any  assets of the  Company  or any of its
Affiliates  for  payment  of any  benefits  under the Plan,  including,  without
limitation,  those covered by this Agreement.  Your right or that of your estate
to receive payments under this Agreement shall be an unsecured claim against the
general assets of the Company, including any rabbi trust established pursuant to
Section  7(c).  Neither you nor your estate  shall have any rights in or against
any specific assets of the Company other than the assets held by the rabbi trust
established pursuant to Section 7(c). 

13.    
Tax Representations and Tax Withholding.  You hereby acknowledge that you
have  reviewed  with  your own tax  advisors  the  federal,  state and local tax
consequences of receiving the Award Amount.  You hereby represent to the Company
that you are  relying  solely  on such  advisors  and not on any  statements  or
representations  of the  Company,  its  Affiliates  or any of  their  respective
agents.  If, in  connection  with the Award  Amount,  the Company is required to
withhold  any  amounts  by  reason  of any  federal,  state or local  tax,  such
withholding  shall  be  effected  in  accordance  with  Section  8 of the  Plan.

14.    
Right of  Offset.  You hereby agree that if the Company shall owe you any
amount (the  “Company-Owed  Amount”) under this Agreement, then
the Company shall have the right to offset against the Company-Owed  Amount,  to
the maximum extent permitted by law, any amounts that you may owe to the Company
or its Affiliates of whatever nature. You hereby further agree that if you shall
owe the  Company  any amount  (the  “Participant-Owed  Amount”)
under  Section 9 of this  Agreement,  then the  Company  shall have the right to
offset the  Participant-Owed  Amount,  to the maximum  extent  permitted by law,
against  any  amount you may be  entitled  to  receive  from the  Company or its
Affiliates under this Agreement or otherwise (including, without limitation, any
wages,  vacation pay, or other compensation or benefit under any benefit plan or
other compensatory arrangement). 

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15.    
The   Committee.    For   purposes   of   this   Agreement,    the   term
“Committee”  means the  Compensation  Committee of the Board of
Directors of the Company or any replacement  committee established under, and as
more fully defined in, the Plan. 

16.    
Committee  Discretion.  The Committee has full discretion with respect to
any actions to be taken or  determinations  to be made in  connection  with this
Agreement,  and its  determinations  shall be  final,  binding  and  conclusive.

17.    
Amendment.  The  Committee  reserves  the  right at any time to amend the
terms and conditions set forth in this Agreement,  except that no such amendment
shall  materially  adversely  affect your economic  rights under this  Agreement
without your consent.  Any amendment of this  Agreement  shall be in writing and
signed  by an  authorized  member  of  the  Committee  or a  person  or  persons
designated by the Committee. 

18.    
Award  Amount  Subject to the  Plan.  The Award  Amount is subject to the
Plan. 

19.    
Entire  Agreement.  This  Agreement  and the Plan  constitute  the entire
understanding  and  agreement  of you and the Company  with respect to the Award
Amount and supersede all prior understandings and agreements.  In the event of a
conflict  between  this  Agreement  and the Plan with  respect  to the terms and
conditions of the Award Amount,  the terms and conditions of the Plan shall have
superior authority. 

20.    
Successors  and Assigns. The terms and conditions of this Agreement shall
be  binding  upon,  and shall  inure to the  benefit  of,  the  Company  and its
successors and assigns. 

21.    
Governing  Law.  This  Agreement shall be deemed to be made under, and in
all respects be interpreted,  construed and governed by and in accordance  with,
the laws of the State of New York. 

22.    
Jurisdiction and Venue. You irrevocably submit to the jurisdiction of the
courts of the State of New York and the  Federal  courts  of the  United  States
located in the Southern  District and Eastern  District of the State of New York
in respect of the  interpretation  and  enforcement  of the  provisions  of this
Agreement and the Plan, and hereby waive, and agree not to assert,  as a defense
that  you  are  not  subject  thereto  or  that  the  venue  thereof  may not be
appropriate. You agree that the mailing of process or other papers in connection
with any action or proceeding in any manner  permitted by law shall be valid and
sufficient service. 

23.    
Waiver.  No waiver by the Company at any time of any breach by you of, or
compliance  with,  any term or  condition  of this  Agreement  or the Plan to be
performed  by you  shall be  deemed a waiver of the  same,  any  similar  or any
dissimilar  term or  condition at the same or at any prior or  subsequent  time.

24.    
Severability.  The provisions of this Agreement shall be deemed severable
and the invalidity or unenforceability of any term or condition hereof shall not
affect the  validity or  enforceability  of the other terms and  conditions  set
forth herein. 

25.    
Exclusion from Compensation Calculation. By acceptance of this Agreement,
you shall be considered  in agreement  that the Award Amount shall be considered
special incentive 

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compensation and will be exempt from
inclusion as “wages” or “salary” in pension, retirement, life
insurance and other employee benefits arrangements of the Company and its Affiliates,
except as determined otherwise by the Company. In addition, each of your beneficiaries
shall be deemed to be in agreement that the Award Amount shall be exempt from inclusion in
“wages” or “salary” for purposes of calculating benefits of any life
insurance coverage sponsored by the Company or any of its Affiliates. 

26.    
No Right to Continued Employment.  Nothing contained in this Agreement or
the Plan shall be construed to confer on you any right to continue in the employ
of the Company or any  Affiliate,  or derogate  from the right of the Company or
any  Affiliate,  as  applicable,  to  retire,  request  the  resignation  of, or
discharge you, at any time, with or without cause. 

27.    
Headings.  The headings in this Agreement are for purposes of convenience
only and are not intended to define or limit the  construction  of the terms and
conditions of this Agreement. 

28.    
Effective  Date. Upon execution by you, this Agreement shall be effective
from and as of the Effective Date. 

29.    
Signatures. Execution of this Agreement by the Company may be in the form
of an electronic or similar signature, and such signature shall be treated as an
original signature for all purposes. 

	  	CABLEVISION SYSTEMS CORPORATION 

	   	By:  	  
	   	   	
 
	   	   	

Name:

Title: 
	

 

        By
your signature, you (i) acknowledge that a complete copy of the Plan and an executed
original of this Agreement have been made available to you and (ii) agree to all of the
terms and conditions set forth in the Plan and this Agreement. 

__________________________________________

Name: 

-8-<PAGE>

                                                                    EXHIBIT 10.1

                           ROASTING LICENSE AGREEMENT

         THIS AGREEMENT is made and entered into this 10th day of February,
2005, by and between Gloria Jean's Gourmet Coffees Corp., a corporation
organized under the laws of Illinois ("Licensor"), and Jireh International Pty.
Ltd., a corporation organized under the laws of Australia ("Licensee").

         WHEREAS, Licensor has expended considerable time, effort and money
developing the gourmet coffee businesses, including the roasting, blending,
flavoring and packaging of gourmet coffees under the Gloria Jean's brand name
(the "Products");

         WHEREAS, the Products are marketed and sold under various names and
packages with distinctive Gloria Jean's trademarks which Licensor and Licensee
own (the "Marks");

         WHEREAS, Licensee has expended considerable time, effort and money to
establish a coffee roasting and packaging facility in Australia, and Licensee
desires to roast, blend, flavor and package the Products under the above
referenced Marks in accordance with standards established by Licensor;

         WHEREAS, the Products are to be supplied to authorized Gloria Jean's
customers in Australia and in other countries other than the United States and
Puerto Rico; and

         WHEREAS, the parties hereto, among others, have entered into a Brand
Management Agreement of even date herewith, which agreement is considered to be
in the interests of the parties to maintain and develop the Gloria Jean's brand
on a consistent basis.

1.       ROASTING RIGHTS AND OBLIGATIONS.

         1.1 Subject to the terms and conditions of this Agreement, Licensor
hereby grants Licensee the exclusive right to roast, blend, flavor and package
Products for sale to authorized Gloria Jean's customers (the "Customers") in all
countries of the world other than the United States and Puerto Rico (the
"Territory"). Licensee agrees that, during the Agreement term, it will at all
times faithfully, honestly and diligently perform its obligations hereunder and
will continuously exert its best efforts to roast and package Products in
accordance with standards, criteria and markings established by Licensor.

         1.2 Licensee has the exclusive right to designate which Products it
roasts, blends, flavors and packages.

2.       LICENSE FEE.

         2.1 Licensee shall pay to Licensor, as a license fee, the amounts set
forth on Schedule 2.1 hereto (the "Guaranteed License Fees") on the dates set
forth therein.

         2.2 As security for the payment of the Required Payments (as defined
below) due to Licensor under this Agreement, and for the payments due under the
Trademark License

<PAGE>

Agreement and the Consulting Agreement (each as defined in the Asset Purchase
Agreement by and among, among others, the parties hereto, dated December 5,
2004, and, together with this Agreement, referred to herein as the "Post-Closing
Payment Agreements"), Licensee shall provide the following for the benefit of
Licensor:

                  (a)(i) Concurrent with the execution of this Agreement,
Licensee shall obtain and deliver to Licensor two irrevocable documentary
letters of credit (each, a "Letter of Credit") from National Australia Bank Ltd.
(the "Bank") in favor of Licensor, each in the amount of US$500,000 and expiring
no earlier than August 30, 2005 and February 28, 2006, respectively, and
otherwise on the terms and substantially in the form of Exhibit A attached
hereto. Notwithstanding the fact that, pursuant to Exhibit A attached hereto,
the Required Payments due to Licensor under this Agreement are due on January 31
of each year hereafter (with January 31, 2011 being the date of the last
payment), the parties acknowledge that it is the intent of the parties that
Licensor will receive US$500,000 of the amount due approximately six (6) months
prior to the date it is due under this Agreement via a documentary letter of
credit issued by the Bank. Furthermore, notwithstanding the fact that the
payment of the Required Payments is currently contemplated to be made to
Licensor using the Letter of Credit mechanism, Licensee's obligation to make the
Required Payments on January 31 each year (until January 31, 2011) is an
absolute obligation, regardless of whether there are Letters of Credit in place
to make such payments.

                           (ii) Licensee shall use commercially reasonable
efforts to renew each Letter of Credit as soon as practicable after it is fully
drawn upon to effect the intent of the parties as described above until such
time as all amounts due pursuant to the Post-Closing Payment Agreements have
been paid in full.

                  (b) Licensee hereby grants to Licensor a security interest in
the Acquired Assets, which security interest shall be subject and subordinate
only to the lien of the Bank in the Acquired Assets. Concurrent with the
execution of this Agreement, Licensee shall execute and deliver to Licensor: (i)
a Deed of Charge in the form of Exhibit B attached hereto to evidence the
security interest granted thereby; and (ii) a Guarantee and Indemnity Deed in
the form of Exhibit C attached hereto.

                  (c) Licensee authorizes Licensor to file a Form UCC-1 with the
Secretary of State of the State of California with respect to the Acquired
Assets, and agrees to file the Australian counterpart to such form in Australia
promptly after the execution and delivery of the Deed of Charge.

         2.3 Licensee's obligation to pay Licensor all of the Required Payments
is an absolute, irrevocable commitment on the part of Licensee. Without limiting
the foregoing, no cancellation or termination of this Agreement, breach of this
Agreement by Licensor, or action or inaction on the part of Licensor (regardless
of whether such actions or inactions are intentional, negligent or otherwise),
shall relieve Licensee from its obligation to pay all of the Required Payments
to Licensor. Furthermore, this Agreement may not be terminated by Licensee;
provided, however, that if Licensor breaches this Agreement, and such breach is
not remedied within fifteen (15) days of Licensor receiving notice of such
breach, Licensee may seek damages for such breach;

                                       2
<PAGE>

provided further that, while any such action may be pending, Licensee shall
continue to make all payments due Licensor hereunder.

         2.4 Not later than five (5) days after each anniversary of this
Agreement, Licensee shall pay the Guaranteed License Fee identified on Schedule
2.1 to Licensor by wire transfer of immediately available funds to an account
identified by Licensor in writing.

         2.5 Licensee agrees to maintain and preserve at its principal office,
full, complete and accurate records and reports pertaining to the roasting,
blending, flavoring, packaging and sales of Products. Licensor shall have the
right to inspect, audit and make copies of such records and reports, during
normal business hours and to inspect the premises of Licensee's roasting
facility. Licensor will give Licensee ten (10) days prior written notice of any
such inspection or audit.

3.       TERM.

         3.1 Unless otherwise specifically provided herein, the term of this
Agreement shall commence on the date hereof and shall expire on the later of the
date that all of the Required Payments have been paid to Licensor or the sixth
(6th) anniversary of the date hereof (the "Initial Term").

         3.2 On January 31, 2011, Licensee shall purchase from Licensor all
roasting rights granted pursuant to this Agreement for consideration of
US$850,000 (the "Roasting Rights Purchase Payment," and together with the
Guaranteed License Fees, the "Required Payments"); provided that, Licensor shall
not be obligated to sell and transfer such rights to Licensee unless and until:
(a) Licensee or its affiliates have made all payments required to be made to
Licensor or its affiliates under the Trademark License Agreement and the
Consulting Agreement; and (b) GJGCFC has entered into a U.S. Master Franchise
Agreement in substantially the manner set forth in the Brand Management
Agreement.

4.       SPECIFICATIONS.

         4.1 Licensor shall provide to Licensee specifications and standards for
all Products, and Licensee shall establish roasting, blending, flavoring
packaging procedures to be adhered to for the roasting and packaging of the
Products by Licensee in accordance with the specifications prescribed by
Licensor.

         4.2 Licensee shall forward to Licensor a one pound sample of each and
every Gloria Jean's coffee that Licensee roasts on request, but not more
frequently than every six (6) months.

5.       INSURANCE.

         Licensee agrees to maintain insurance necessary to comply with all
Legal Requirements (as defined in the Asset Purchase Agreement) concerning
insurance in Australia and to maintain general liability insurance against
claims for product liability, bodily and personal injury, death and property
damage caused by or occurring in connection with the conduct of Licensee's
coffee roasting business pursuant to this Agreement.

                                       3
<PAGE>

6.       COMPLIANCE WITH LEGAL REQUIREMENTS/GOOD BUSINESS PRACTICES.

         Licensee shall secure and maintain in force in its name all required
licenses, permits and certificates relating to the conduct of its business
pursuant to this Agreement. Licensee shall in all dealings with Licensor,
customers, public officials and other third parties adhere to high standards of
honesty, integrity, fair dealing and ethical conduct.

7.       CURRENCY OF PAYMENT.

         Payments by Licensee to Licensor hereunder shall be made in US$ unless
otherwise specified by Licensor. All payments hereunder to be calculated in
United States Dollars and paid in US$ to Licensor.

8.       INDEPENDENT CONTRACTORS.

         8.1 It is understood and agreed by the parties hereto that this
Agreement does not create a fiduciary relationship between them, that Licensor
and Licensee are and shall be independent contractors, and that nothing in this
Agreement is intended to make either party a general or special agent, joint
venture, partner, or employee of the other for any purpose.

         8.2 Except as expressly authorized in writing, neither Licensor nor
Licensee shall be obligated by or have liability under any agreement or
representation made by the other that is not expressly authorized in writing,
nor shall Licensor be obligated for any damages to any person or property
directly or indirectly arising out of the roasting or packaging of Products
pursuant to this Agreement.

9.       MARKS.

         Any unauthorized use of the Marks of Licensor by Licensee shall
constitute a breach of this Agreement.

10.      TERMINATION.

         10.1 This Agreement may be terminated by Licensor in the event that:
(i) Licensee breaches this Agreement and such breach is not remedied by Licensee
within fifteen (15) days of Licensee receiving notice of such breach; or (ii)
Licensee breaches the Trademark License Agreement, the Consulting Agreement or
the Brand Management Agreement (each as defined in the Asset Purchase Agreement)
or any financing agreement with the Bank that pertains to the transactions
contemplated by this Agreement or the transactions contemplated by the Asset
Purchase Agreement and such breach is not cured within the time period set forth
in the applicable document, if any.

         10.2 Upon the occurrence of any event referred to in Section 10.1, in
addition to, and not in limitation of, the other remedies that Licensor may
have, Licensor shall have the option to cause Licensee to immediately pay
Licensor a sum certain amount equal to the sum of all amounts remaining to be
paid under this Agreement.

                                       4
<PAGE>

         10.3 The amount of any late payments under this Agreement shall accrue
interest at a simple rate per annum equal to the lesser of 9% or the maximum
rate permitted by applicable law. Licensee acknowledges that its failure to pay
all such amounts when due shall constitute grounds for termination of this
Agreement notwithstanding the provisions of this Section 10.3.

11.      RIGHTS AND OBLIGATIONS UPON TERMINATION OR EXPIRATION.

         11.1 Licensor and Licensee agree that after the termination of this
Agreement or expiration of the Agreement term, Licensee will return to Licensor
all copies of any confidential materials which may have been loaned or made
available by Licensee pursuant to this Agreement; and Licensee shall not
represent any former affiliation with Licensor.

         11.2 Licensor recognizes that Licensee and its owners presently own and
operate, and will continue to own and operate other businesses which roast,
distribute and sell coffee through wholesale and retail channels in Australia.

12.      MISCELLANEOUS

         12.1 Licensee and Licensor may, by written instrument, waive any
obligation of or restriction upon under this Agreement.

         12.2 The rights of Licensor and Licensee hereunder are cumulative and
no exercise or enforcement by Licensor or Licensee of any right or remedy
hereunder shall preclude the exercise or enforcement by Licensor or Licensee of
any other right or remedy hereunder.

         12.3 Licensor and Licensee hereby waive to the fullest extent permitted
by law any right to or claim for any punitive, exemplary or special damages
against the other and agree that in the event of a dispute between them, except
as otherwise provide herein, each shall be limited to the recovery of any actual
damages sustained by it. Licensor and Licensee irrevocably waive trial by jury
in any action, proceeding or counterclaim whether at law or in equity by either
of them.

         12.4 Except as otherwise expressly provided in this Agreement, all
legal, accounting and other fees, costs and expenses incurred in connection with
this Agreement will be paid by the party incurring such fees, costs and
expenses. If any party to this Agreement brings any action, suit, counterclaim,
appeal, arbitration, mediation or other proceeding, in equity or at law (an
"Action"), to enforce this Agreement or to declare rights under this Agreement,
in addition to any damages and costs which the prevailing party or parties
otherwise would be entitled, the losing party or parties in any such Action
shall pay to the prevailing party or parties reasonable attorneys' fees and
costs incurred in connection with such Action and/or enforcing any judgment,
order, ruling or award (collectively, a "Decision") granted by a court,
arbitrator or mediator, all of which must be paid whether or not such Action is
prosecuted to a Decision. "Prevailing party" means, without limitation, any
party who agrees to dismiss an action on the other party's payment of the sum
allegedly due or performance of the covenants allegedly breached, or who obtains
substantially the relief sought by it. If there are multiple claims, the
prevailing party is to be determined with respect to each claim separately. The
prevailing party is the party that has obtained the greater relief in connection
with any particular claim, although,

                                       5
<PAGE>

with respect to any claim, it may be determined by the court, arbitrator or
mediator that there is no prevailing party.

         12.5 This Agreement will be governed by, construed and enforced in
accordance with the laws of the State of California, without regard to conflicts
of laws doctrines.

         12.6 All provisions of this Agreement are severable and this Agreement
shall be interpreted and enforced as if all completely invalid or unenforceable
provisions were not contained herein and partially valid and enforceable
provisions shall be enforced to the extent they are valid and enforceable.

         12.7 This Agreement shall be binding upon and inure to the benefit of
the parties and their respective successors and assigns. Neither this Agreement
nor any of the rights, interests or obligations hereunder may be assigned by
either party hereto without the prior written consent of the other party;
provided that, Licensor, in its sole discretion, may assign this Agreement to an
affiliate of Licensor; provided, further that, Licensor shall not be relieved of
any of its obligations under this Agreement as a result of such assignment. This
Agreement is not intended to confer upon any other person except the parties
hereto any rights or remedies hereunder.

         12.8 This Agreement, together with the exhibits and schedules attached
hereto and incorporated herein, constitutes the entire agreement of the parties,
and there are no other oral or written understandings or agreements between
Licensor and Licensee relating to this Agreement. The headings of the several
sections and subsections hereof are for convenience only and do not define,
limit or construe the contents of such sections or subsections.

         12.9 All notices and other communications hereunder must be in writing
and will be deemed given when delivered by hand, by commercial courier or
overnight delivery service or by facsimile to the parties at the following
addresses (or at such other address for a party as may be specified by like
notice):

                  If to Licensor, to:
                                            Gloria Jean's Gourmet Coffees Corp.
                                            28 Executive Park, Suite 200
                                            Irvine, California  92614
                                            Attn:  Chief Executive Officer
                                            Facsimile:  (949) 260-1610

                  If to Licensee, to:
                                            Jireh International Pty. Ltd.
                                            11 Hoyle Avenue
                                            Castle Hill, NSW 2154
                                            Australia
                                            Attn:  Nabi Saleh
                                            Facsimile:  +61 2 9894 2210

                                       6
<PAGE>

         12.10 This Agreement may be executed in any number of counterparts,
each of which will be deemed an original, but all of which together will
constitute one instrument. Signatures transmitted electronically or by facsimile
shall be deemed original signatures.

                                       7
<PAGE>

         IN WITNESS WHEREOF, the parties hereto have executed this Roasting
License Agreement as of the date first above written.

                                        GLORIA JEAN'S GOURMET COFFEES CORP.

                                        By: /s/ Matthew C. McGuinness
                                            ------------------------------------
                                            Matthew C. McGuinness
                                            President

                                        JIREH INTERNATIONAL PTY. LTD.

                                        By: /s/ Nabi Saleh
                                            ------------------------------------
                                            Nabi Saleh
                                            Director

<PAGE>

                                  SCHEDULE 2.1

                             GUARANTEED LICENSE FEES

<TABLE>
<CAPTION>
PAYMENT DUE                           GUARANTEED LICENSE FEES (US$)
-----------                           -----------------------------
<S>                                   <C>
January 31, 2006                      $480,000

January 31, 2007                      $480,000

January 31, 2008                      $480,000

January 31, 2009                      $480,000

January 31, 2010                      $480,000

January 31, 2011                      $850,000 (the Roasting Rights Purchase Payment)
</TABLE>

<PAGE>

Exhibit A:        Form of Letter of Credit

Exhibit B:        Deed of Charge

Exhibit C:        Guarantee and Indemnity Deed

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