Document:

Exhibit 10.1 Early Retirement Agreement - Andrew M. Rosen

    EXHIBIT
      10.1

    
 

    EARLY
      RETIREMENT AGREEMENT

    

    

    THIS
      EARLY RETIREMENT AGREEMENT (the “Agreement”), is made and entered into as of the
      9th day of October, 2006 (the “Effective Date”), by and between BROWN SHOE
      COMPANY, INC., a New York corporation (the “Company”), and ANDREW M. ROSEN
      (“Executive”).

    

    WITNESSETH
      THAT:

    

    WHEREAS,
      Executive currently serves as Executive Vice President and Chief Financial
      Officer of the Company; 

    

    WHEREAS,
      Executive wishes to voluntarily retire as an employee of the Company effective
      on such date as is mutually agreeable to the Company and Executive, but no
      later
      than February 3, 2007 (the “Retirement Date”);

    

    WHEREAS,
      the Company desires to set forth the terms under which Executive’s duties will
      be transitioned in an orderly fashion;

    

    WHEREAS,
      Executive possesses skills and leadership experience which the Company wishes
      to
      call upon from time to time during the time period following his Retirement
      Date
      until January 31, 2009 (the “Advisory Period”); and

    

    WHEREAS,
      Executive is willing to provide his skills and the benefit of his leadership
      from time to time during the Advisory Period.

    

    NOW,
      THEREFORE, in consideration of the mutual undertakings contained herein, and
      for
      other good and valuable consideration, the receipt and sufficiency of which
      are
      hereby acknowledged, the Company and Executive agree as follows: 

    

    1. Duties
      Until Retirement.
      Executive shall continue in his current role as Executive Vice President and
      Chief Financial Officer until the earlier of the Retirement Date or the date
      the
      Company hires an individual to fill the Executive’s role. If the Company retains
      such an individual before the Retirement Date, Executive shall remain an
      employee of the Company until the Retirement Date in the capacity of a senior
      advisor. Notwithstanding anything herein to the contrary, if Executive
      voluntarily terminates his employment before the Retirement Date or is
      terminated for cause before the Retirement Date, Executive (or his beneficiaries
      or estate) shall not be entitled to receive any of the payments or benefits
      described in Sections 3 through 9 below. For purposes of this section, the
      term
“cause” means (a) engaging by Executive in willful misconduct which is
      materially injurious to the Company; (b) conviction of Executive of a felony;
      (c) engaging by Executive in fraud, material dishonesty or gross misconduct
      in
      connection with the business of the Company; (d) engaging by Executive in any
      act of moral turpitude reasonably likely to materially and adversely affect
      the
      Company or its business; (e) engaging by Executive in the illegal use of a
      controlled substance or using prescription medications unlawfully; or (f) abuse
      by Executive of alcohol.

     

    
 

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    2. Duties
      Following Retirement Date.
      It is
      anticipated that the Chief Executive Officer and other officers of the Company
      may from time to time request Executive to provide his skills and leadership
      to
      support the Company during the Advisory Period. Without limiting the foregoing,
      Executive will be expected to advise the Company’s Investment Committee, which
      currently meets quarterly, assist in the defense of any litigation against
      the
      Company and/or prosecution of any claims by the Company, participate in the
      preparation of the annual report, proxy, financial statements, and other
      documents relating to the Company’s fiscal year ending February 3, 2007, and
      provide financial and investor relations consulting as required. Executive
      shall
      not be required to hold himself available for the performance of these services
      at any fixed time, but shall be available on a reasonable basis. Executive’s
      presence shall not be required at any particular office or place in order to
      render the services unless such services could not reasonably be performed
      in
      another location or by telephone or letter. For purposes of this Agreement,
      available on a reasonable basis shall mean, for each 12-month period during
      the
      Advisory Period, either (i) up to a total of 100 days or (ii) eight days per
      month during each month of such 12-month period. Notwithstanding the foregoing,
      Executive will not be required to perform the services described in this Section
      during any period in which he is disabled as defined in the Company’s long-term
      disability plan. The Company will reimburse Executive for his reasonable
      expenses associated with performing these services.

    

    3. Payments
      to Executive.
      Subject
      to the next sentence, the Company shall pay Executive an amount equal to (a)
      $9,600 per week during the time period beginning with the Retirement Date until
      February 3, 2007, and (b) $110,416.67 per month, payable on the first day of
      each calendar month, from February 3, 2007 through the end of the Advisory
      Period. In order to comply with Section 409A of the Internal Revenue Code of
      1986, as amended, all payments due during the first six months following the
      Retirement Date shall be paid in a single lump sum on the date that is six
      months and one day following the Retirement Date, with interest added at the
      rate of 5.43% per annum from the date payments would have been made under the
      preceding sentence.

    

    4. Fiscal
      2006 Annual Bonus.
      The
      Company shall pay Executive, on the date that is six months and one day
      following the Retirement Date, the 2006 fiscal year annual bonus that the
      Company would have paid Executive in March 2007 but for the fact that he will
      no
      longer be an employee of the Company when the bonus would have been paid.

    

    5. Pension
      Benefits.
      As of
      the Retirement Date, pension payments to which Executive is entitled under
      the
      Brown Shoe Company, Inc. Retirement Plan and the Brown Shoe Company, Inc.
      Executive Retirement Plan (the “SERP”) shall be determined, and paid, in
      accordance with the terms of the plans, except that, solely for purposes of
      calculating retirement benefits under the SERP, (a) Executive shall receive
      service credit through the end of the Advisory Period and will be assumed to
      be
      age 58 as of the Retirement Date, (b) with respect to the additional years
      of
      service credited, Executive shall be assumed to have earned $825,000 in eligible
      compensation per year, and (c) a discount rate of 4.68% shall be used to
      calculate the present value of his SERP benefit.

     

    
 

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    6. Non-Vested
      Restricted Stock and Stock Options.
      Any of
      Executive’s options or restricted stock that have not vested as of the
      Retirement Date shall be forfeited on such Retirement Date in accordance with
      the terms of such awards.

    

    7. Medical
      and Dental Benefits.
      The
      Company shall provide to Executive and his eligible dependents for a period
      of
      18 months after the Retirement Date medical and dental coverage under the
      Company’s medical and dental plans, without any cost to Executive in excess of
      any employee contribution that would be payable by Executive if Executive
      remained employed by the Company; provided, however, that if Executive becomes
      employed with another employer during such 18-month period and is eligible
      to
      receive medical and/or dental coverage under another employer-provided plan,
      the
      medical and/or dental coverage described herein shall terminate. In addition,
      on
      the last day of such 18-month period, if medical and/or dental coverage has
      not
      previously terminated, the Company shall pay to the Executive an amount in
      cash
      equal to the aggregate amount above the employee contribution that would be
      payable by the Company for such medical and dental coverage (using the COBRA
      rate) during the then remaining period of time during the Advisory Period.
      

    

    8. Perquisites.
      The
      Company shall pay Executive’s regular, monthly dues to the St. Louis Club during
      the Advisory Period. The Company shall pay Executive $2,000 on August 6, 2007
      and $2,000 on April 1, 2008 to compensate him for any expenses for financial
      planning and/or tax preparation services that Executive may incur.

    

    9. Death.
      

    

    (a) In
      the
      event of the death of Executive on or before the Retirement Date, the Company
      shall pay the Executive’s beneficiary or estate only those amounts that would
      otherwise be payable upon his death as an employee. For the avoidance of doubt,
      neither the Executive, the Executive’s beneficiary, nor his estate will be
      entitled to any amounts described in this Agreement upon Executive’s death
      before the Retirement Date.

    

    (b) In
      the
      event of the death of Executive during the Advisory Period, the Company’s
      obligation to provide the payments, benefits and perquisites described in
      Sections 7 and 8 of this Agreement shall cease as of the date of such death.
      Any
      remaining amounts which have not yet been paid under Section 3 or 4 of this
      Agreement shall be paid to Executive’s designated beneficiary, or if Executive
      leaves no designated beneficiary, to his estate, in a lump sum upon Executive’s
      death. Any remaining amounts that have not yet been paid under Section 5 shall
      be paid out in accordance with the Brown Shoe Company, Inc. Retirement Plan
      and
      the SERP.

    

    10. Covenant
      Not to Compete.

    

    10.1 In
      General.
      During
      Executive’s employment with the Company and during the Advisory Period (the
“Restricted Period”), Executive will not, directly or indirectly, on Executive’s
      own behalf or on behalf of any other Person (whether as owner, partner,
      consultant, employee or otherwise):

     

    
 

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    (a) provide
      any executive, managerial, supervisory, and/or consulting services with respect
      to the footwear industry and/or the footwear business in the United States
      for
      any Competitor;

    

    (b) hold
      any
      executive, managerial and/or supervisory position with any Competitor in the
      United States;

    

    (c) assist
      any Competitor in competing against the Company and/or any Business Unit (i)
      in
      the United States and/or (ii) in any other country in which the Company and/or
      any Business Unit is doing business in the one year immediately preceding the
      Retirement Date (each a “Foreign Country”) if Executive had access to
      Confidential Information regarding the Company’s business in such Foreign
      Country; 

    

    (d) engage
      in
      any research, development and/or planning activities or efforts for a
      Competitor, whether as an employee, consultant, independent contractor or
      otherwise, to assist the Competitor in competing (i) in the footwear industry
      in
      the United States or (ii) in any Foreign Country if Executive had access to
      Confidential Information regarding the Company’s business in such Foreign
      Country;

    

    (e) cause
      or
      attempt to cause any Customer to divert, terminate, limit, modify or fail to
      enter into any existing or potential relationship with the Company and/or any
      Business Unit;

    

    (f) assist
      any Competitor in connection with any plan, effort, activity or undertaking
      to
      cause or attempt to cause any Customer to divert, terminate, limit, modify
      or
      fail to enter into any existing or potential relationship with the Company
      and/or any Business Unit;

    

    (g) cause
      or
      attempt to cause any footwear supplier or manufacturer of the Company and/or
      any
      Business Unit to divert, terminate, limit, modify or fail to enter into any
      existing or potential relationship with the Company and/or any Business Unit;
      

    

    (h) assist
      any Competitor in connection with any plan, effort, activity or undertaking
      to
      cause or attempt to cause any footwear supplier or manufacturer of the Company
      and/or any Business Unit to divert, terminate, limit, modify or fail to enter
      into any existing or potential relationship with the Company and/or any Business
      Unit; and/or

    

    (i) solicit,
      entice, employ or seek to employ, in the footwear industry, any executive,
      managerial and/or supervisory employee of, or any consultant or advisor to,
      the
      Company and/or any Business Unit.

    

    10.2 Acknowledgement.
      Executive recognizes and agrees that the restraints contained in Section 10.1
      are reasonable and should be fully enforceable in view of, among other things,
      the high level positions Executive has had with the Company and/or any Business
      Unit(s), the national and international nature of both the Company’s collective
      business

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     and
      competition in the footwear industry, and the legitimate interests of the
      Company in protecting its confidential, proprietary and trade secret information
      and their respective customer goodwill and relationships. Executive specifically
      hereby acknowledges and confirms that Executive is willing and intends to,
      and
      will, abide fully by the terms of Section 10.1. Executive further agrees that
      the Company would not have adequate protection if Executive were permitted
      to
      work for its Competitors in violation of the terms of this Agreement since
      the
      Company would, among other things, be unable to verify whether (i) its
      Confidential Information was being disclosed and/or misused, and/or (ii)
      Executive was involved in diverting or helping to divert the Company’s customers
      and/or customer goodwill. Executive agrees to disclose, during the Restricted
      Period, the terms of Section 10 to any potential future employer.

    

    10.3 Definitions.
      For
      purposes of this Section:

    

    (a) “Business
      Unit” means any direct or indirect subsidiary, operating division or business
      unit of the Company.

    

    (b) “Competitor”
      means any Person which (i) in its prior fiscal year had annual gross sales
      volume or revenues of more than $20,000,000 attributable to the sale of footwear
      or (ii) is reasonably expected to have such level of footwear sales or revenues
      in either the current fiscal year or the next following fiscal
      year.

    

    (c) “Customer”
      means any wholesale customer of the Company and/or any Business Unit which
      either purchased from the Company and/or any Business Unit during the one (1)
      year immediately preceding the Retirement Date, or is reasonably expected by
      the
      Company and/or any Business Unit to purchase from the Company and/or any
      Business Unit in the one (1) year period immediately following the Retirement
      Date, more than $1,000,000 in footwear. 

    

    (d) “Person”
      means any individual, entity or group (within the meaning of Section 13(d)(3)
      or
      14(d)(2) of the Securities Exchange Act of 1934, as amended.

    

    11. Confidential
      Information.
      

    

    11.1 In
      General.
      Executive acknowledges and agrees that during Executive’s employment, Executive
      has been and/or will be provided and have access to certain Confidential
      Information of the Company. Executive agrees to keep secret and confidential,
      and not to use or disclose to any third-parties, except as directly required
      for
      Executive to perform Executive’s employment responsibilities for the Company,
      any of the Company’s Confidential Information. 

    

    11.2 Definition
      of Confidential Information.
      Confidential Information includes all confidential and/or trade secret
      information of the Company (regardless of the form or medium in which it may
      exist or be stored or preserved) and includes, but is not limited to, all such
      information containing or reflecting any:

     

    
 

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    (a) lists
      or
      other identification of customers or prospective customers of the Company and/or
      any Business Unit (and/or key individuals employed or engaged by such
      parties);

    

    (b) lists
      or
      other identification of sources or prospective sources of the Company’s and/or
      any Business Unit’s products or components thereof (and/or key individuals
      employed or engaged by such parties); 

    

    (c) compilations,
      information, designs, drawings, files, formulae, lists, machines, maps, methods,
      models, notes or other writings, plans, records, regulatory compliance
      procedures, reports, specialized or technical data, schematics, source code,
      object code, documentation, and software relating to the development,
      manufacture, fabrication, assembly, marketing and/or sale of the Company’s
      and/or any Business Unit’s products;

    

    (d) financial,
      distribution, sales and marketing information, data, plans, and/or strategies
      of
      the Company and/or any Business Unit;

    

    (e) equipment,
      materials, procedures, processes, and techniques used in, or related to, the
      development, manufacture, assembly, fabrication or other production and quality
      control of the Company and/or any Business Unit’s products and
      services;

    

    (f) the
      Company and/or any Business Unit’s relations and/or dealings with its customers,
      prospective customers, suppliers and prospective suppliers and the nature and
      type of products or services rendered to such customers (or proposed to be
      rendered to prospective customers);

    

    (g) the
      Company’s and/or any Business Unit’s relations with its employees (including,
      without limitation, salaries, job classifications and skill levels);
      and

    

    (h) any
      other
      information designated by the Company and/or any Business Unit to be
      confidential, secret and/or proprietary (including without limitation,
      information provided by customers or suppliers of the Company and/or any
      Business Unit).

    

    Notwithstanding
      the foregoing, the term “Confidential Information” shall not consist of any data
      or other information which has been made publicly available or otherwise placed
      in the public domain other than by Executive in violation of this
      Agreement.

    

    11.3 No
      Duplication of Confidential Information.
      Executive will not, directly or indirectly, copy, reproduce or otherwise
      duplicate, record, abstract, summarize or otherwise use for Executive or use
      for, or disclose to, any party other than the Company, or any subsidiary or
      affiliate of the Company, any Confidential Information, without the Company’s
      prior written permission or except as required for the proper performance of
      Executive’s duties on behalf of the Company.

     

    
 

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    11.4 No
      Label Required.
      Executive understands that Confidential Information may or may not be labeled
      as
“confidential” and will treat all information as confidential unless otherwise
      informed by the Company.

    

    11.5 Delivery
      of Confidential Information.
      Upon
      Executive’s retirement or at any other time the Company or any subsidiary or
      affiliate thereof may request, Executive shall promptly deliver to the Company
      all documents and other materials, whether in physical or electronic form
      (including all copies thereof), containing any Confidential
      Information.

    

    12. Injunctive
      Relief.
      In the
      event of a breach or threatened breach of any of Executive’s duties or
      obligations under the terms and provisions of Sections 10, 11, 13.2 or 13.9,
      the
      Company shall be entitled, in addition to any other legal or equitable remedies
      it may have in connection therewith (including any right to damages that it
      may
      suffer), to temporary, preliminary and permanent injunctive relief restraining
      such breach or threatened breach. Executive hereby expressly acknowledges that
      the harm that might result to the Company’s business as a result of
      noncompliance by Executive with any of the provisions of Sections 10, 11, 13.2
      or 13.9 would be largely irreparable. Executive specifically agrees that if
      there is a question as to the enforceability of any of the provisions of
      Sections 10, 11, 13.2 or 13.9, Executive will not engage in any conduct
      inconsistent with or contrary to such Sections until after the question has been
      resolved by a final judgment of a court of competent jurisdiction. Executive
      undertakes and agrees that if Executive breaches or threatens to breach the
      Agreement, Executive shall be liable for any attorneys’ fees and costs incurred
      by the Company in enforcing its rights hereunder.

    

    13. Miscellaneous.

    

    13.1 Notice.
      All
      notices hereunder shall be in writing and shall be deemed to have been duly
      given (a) when delivered personally or by courier, or (b) when received by
      facsimile (including electronic mail), receipt confirmed, or (c) on the third
      business day following the mailing thereof by registered or certified mail,
      postage prepaid, or (d) on the first business day following the mailing thereof
      by overnight delivery service, in each case addressed as set forth
      below:

    

    If
      to the
      Company:

    

    Brown
      Shoe Company, Inc.

    8300
      Maryland Avenue

    St.
      Louis, Missouri 63166-0029

    Attention:
      General Counsel

    

    If
      to
      Executive:

    

    Andrew
      M.
      Rosen

    308
      Wyndmoor Terrace

    Town
      & Country, MO 63141

     

    
 

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    Any
      party
      may change the address to which notices are to be addressed by giving the other
      party written notice in the manner herein set forth.

    

    13.2 Assignment.
      This
      Agreement is personal to Executive and Executive may not assign or delegate
      any
      part of Executive’s rights or duties hereunder to any other person, except that
      this Agreement shall inure to the benefit of and be enforceable by Executive’s
      legal representatives, executors, administrators, heirs and
      beneficiaries.

    

    13.3 Judicial
      Modification.
      If and
      to the extent that any Section, term and/or provision of this Agreement is
      determined by a court of competent jurisdiction to be unenforceable under
      applicable law, then such Section(s), term(s) and/or provision(s) shall not
      be
      void but instead shall be modified and, to the maximum extent permissible under
      applicable law, enforced. 

    

    13.4 Headings.
      The
      headings in this Agreement are inserted for convenience of reference only and
      shall not in any way affect the meaning or interpretation of this
      Agreement.

    

    13.5 Counterparts.
      This
      Agreement may be executed in multiple counterparts, each of which shall be
      deemed an original but all of which together shall constitute one and the same
      instrument.

    

    13.6 Waiver.
      Neither
      any course of dealing nor any failure or neglect of either party hereto in
      any
      instance to exercise any right, power or privilege hereunder or under law shall
      constitute a waiver of such right, power or privilege or of any other right,
      power or privilege or of the same right, power or privilege in any other
      instance. All waivers by either party hereto must be contained in a written
      instrument signed by the party to be charged therewith, and, in the case of
      the
      Company, by its duly authorized officer.

    

    13.7 Termination
      of Severance Agreement.
      This
      instrument shall supersede any other agreement between the parties, oral or
      written, concerning the same subject matter. The severance agreement between
      the
      parties dated as of April 1, 2006 is hereby terminated and deemed by the parties
      to be void ab initio. 

    

    13.8 Amendment.
      Subject
      to Section 13.3, no modification, amendment or waiver of any of the provisions
      of this Agreement shall be effective unless in writing specifically referring
      hereto, and signed by the parties hereto. 

    

    13.9 Governing
      Law.
      In
      light of Company’s and Executive’s substantial contacts with the State of
      Missouri, the facts that the Company is headquartered in Missouri and Executive
      resides in and/or reports to Company management in Missouri, the parties’
interests in ensuring that disputes regarding the interpretation, validity
      and
      enforceability of this Agreement are resolved on a uniform basis, and the
      Company’s execution of, and the making of, this Agreement in Missouri, the
      parties agree that: (a) any litigation involving any noncompliance with or
      breach of the Agreement, or regarding the interpretation, validity and/or
      enforceability of the Agreement, shall be filed and conducted exclusively in
      the
      state 

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    courts
      in
      St. Louis County, Missouri, or the U.S. District Court for the Eastern District
      of Missouri; and (b) this Agreement shall be interpreted in accordance with
      and
      governed by the laws of the State of Missouri, without regard for any conflict
      of law principles. Executive agrees that Executive under no circumstances will,
      either alone or in conjunction with anyone else, file or pursue any such
      litigation other than in such state or federal courts in Missouri, and Executive
      hereby consents and agrees that any such litigation filed in any other court(s)
      shall be dismissed and that Executive may be enjoined from filing and/or
      pursuing any such action.

    

    13.10 Third
      Party Beneficiaries.
      Executive agrees that the Company’s subsidiaries are third party beneficiaries
      of this Agreement and hereby consents to the enforcement by any subsidiary
      of
      the Company of the provisions contained herein, including without limitation,
      the provisions of Section 10 and Section 11.

    

    IN
      WITNESS WHEREOF, Executive and the Company have executed this Agreement as
      of
      the day and year first above written.

    

    
      	
              BROWN
                SHOE COMPANY, INC.

            	 	
              EXECUTIVE

            
	 	 	 
	 	 	 
	 	 	 
	
              By

            	 
/s/
              Ronald A. Fromm    	 	 	  
/s/
              Andrew M. Rosen
	 	 	
              Andrew
                M. Rosen

            
	 	 	 	 	 
	
              Title

            	 Chairman
              and Chief Executive Officer	 	 	 
	 	 	 	 	 
	
              Date

            	 10/9/06	 	
              Date

            	 
10/09/06Unassociated Document

    Exhibit
      4.12

     

    SUPPLEMENTAL
      INDENTURE NO.
      12
      (this
“Supplement”),
      dated
      as of August 11, 2006 is entered into by and among CONSTELLATION BRANDS, INC.,
      a
      Delaware corporation (the “Company”),
      CONSTELLATION
      LEASING, LLC,
      a
      limited liability company formed under the laws of New York (the “New
      Guarantor”),
      and
      BNY MIDWEST TRUST COMPANY (successor trustee to Harris Trust and Savings Bank
      and The Bank of New York, as applicable), as trustee (the “Trustee”).

    

    

    RECITALS
      OF THE COMPANY AND THE NEW GUARANTOR

     

    WHEREAS,
      the Company, the Guarantors and the Trustee have executed and delivered an
      Indenture, dated as of February 25, 1999 (the “February
      1999 Indenture”)
      as
      supplemented by a Supplemental Indenture No. 3 dated as of August 6, 1999 with
      respect to the guarantee of the Indenture Obligations by Subsidiaries of the
      Company (the “Third
      Supplemental Indenture”);
      a
      Supplemental Indenture No. 4 dated as of May 15, 2000 with respect to the
      issuance by the Company of its 8 1/2% Series C Senior Notes due 2009 in the
      aggregate principal amount of £154,000,000 (the “Fourth
      Supplemental Indenture”);
      a
      Supplemental Indenture No. 5 dated as of September 14, 2000 providing for
      certain amendments to the Fourth Supplemental Indenture (the “Fifth
      Supplemental Indenture”);
      a
      Supplemental Indenture No. 6 dated as of August 21, 2001 with respect to the
      guarantee of the Indenture Obligations by subsidiaries of the Company (the
      “Sixth
      Supplemental Indenture”);
      a
      Supplemental Indenture No. 7 dated as of January 23, 2002 with respect to the
      issuance by the Company of its 8 1/8% Senior Subordinated Notes due 2012 in
      the
      aggregate principal amount of $250,000,000 (the “Seventh
      Supplemental Indenture”);
      a
      Supplemental Indenture No. 8 dated as of March 27, 2003 with respect to the
      guarantee of the Indenture Obligations by Subsidiaries of the Company (the
      “Eighth
      Supplemental Indenture”);
      a
      Supplemental Indenture No. 9 dated as of July 8, 2004 with respect to the
      guarantee of the Indenture Obligations by Subsidiaries of the Company (the
      “Ninth
      Supplemental Indenture”);
      a
      Supplemental Indenture No. 10 dated as of September 13, 2004 with respect to
      the
      guarantee of the Indenture Obligations by Subsidiaries of the Company (the
      “Tenth
      Supplemental Indenture”)
      and a
      Supplemental Indenture No. 11 dated as of December 22, 2004 with respect to
      the
      guarantee of the Indenture Obligations by Subsidiaries of the Company (the
      “Eleventh
      Supplemental Indenture”,
      together with the February 1999 Indenture, Third Supplemental Indenture, Fourth
      Supplemental Indenture, Fifth Supplemental Indenture, Sixth Supplemental
      Indenture, Seventh Supplemental Indenture, Eighth Supplemental Indenture, Ninth
      Supplemental Indenture and Tenth Supplemental Indenture, collectively, the
      “Indentures”);

     

    WHEREAS,
      the Guarantors guarantee, jointly and severally, the full and punctual payment
      and performance when due of all Indenture Obligations;

     

    WHEREAS,
      pursuant to (i) Section 3.9 of the Second Supplemental Indenture; (ii) Section
      4.15 of the Fourth Supplemental Indenture; and (iii) Section 3.10 of the Seventh
      Supplemental Indenture, the New Guarantor is obligated to enter into this
      Supplement thereby guaranteeing the punctual payment and performance when due
      of
      all Indenture Obligations;

     

    WHEREAS,
      pursuant to (i) Section 9.1 of the Second Supplemental Indenture; (ii) Section
      8.01 of the Fourth Supplemental Indenture; and (iii) Section 11.1 of the
      Seventh

    
      
        
        

      

      
        
        

        
          
            

          

           

        

      

      
        
          -
            2 -

           

        

      

    

    Supplemental
      Indenture, the Company, the New Guarantor and the Trustee may enter into this
      Supplement without the consent of any Holder;

     

    WHEREAS,
      the execution and delivery of this Supplement have been duly authorized by
      Board
      Resolutions of the respective Boards of Directors of the Company and New
      Guarantor; and

     

    WHEREAS,
      all conditions and requirements necessary to make the Supplement valid and
      binding upon the Company and the New Guarantor, and enforceable against the
      Company and New Guarantor in accordance with its terms, have been performed
      and
      fulfilled.

     

    NOW,
      THEREFORE, in consideration of the above premises, each of the parties hereto
      agrees, for the benefit of the others and for the equal and proportionate
      benefit of the Holders of the Securities, as follows:

    

    

    ARTICLE
      ONE

    THE
      NEW GUARANTEE

     

    Section
      1.01. For
      value
      received, the New Guarantor hereby absolutely, unconditionally and irrevocably
      guarantees (the “New Guarantee”), jointly and severally among itself and the
      Guarantors, to the Trustee and the Holders, as if the New Guarantor was the
      principal debtor, the punctual payment and performance when due of all Indenture
      Obligations (which for purposes of the New Guarantee shall also be deemed to
      include all commissions, fees, charges, costs and other expenses (including
      reasonable legal fees and disbursements of one counsel) arising out of or
      incurred by the Trustee or the Holders in connection with the enforcement of
      this New Guarantee). The agreements made and obligations assumed hereunder
      by
      the New Guarantor shall constitute and shall be deemed to constitute a Guarantee
      under the Indentures and for all purposes of the Indentures, and the New
      Guarantor shall be considered a Guarantor for all purposes of the Indentures
      as
      if the New Guarantor was originally named therein as a Guarantor.

     

    Section
      1.02.
       The
      New
      Guarantee shall be released upon the occurrence of the events as provided in
      the
      Indentures.

     

    Section
      1.03.
       The
      New
      Guarantor hereby waives, and will not in any manner whatsoever claim or take
      the
      benefit or advantage of, any rights of reimbursement, indemnity or subrogation
      or any other rights against the Company or any other Subsidiary as a result
      of
      any payment by the New Guarantor under its Guarantee under the Indentures.
      

     

    

    ARTICLE
      TWO

    MISCELLANEOUS

    

    Section
      2.01. Except
      as
      otherwise expressly provided or unless the context otherwise requires, all
      terms
      used herein which are defined in the Indentures shall have the meanings assigned
      to them in the Indentures. Except as supplemented hereby, the Indentures
      (including the Guarantees incorporated therein) and the notes issued pursuant
      thereto are in all respects 

    
      
        
        

      

      
        
        

        
          
            

          

        

      

      
        -3-

      

    

     

    ratified
      and confirmed and all the terms and provisions thereof shall remain in full
      force and effect.

     

    Section
      2.02. This
      Supplement shall be effective as of the close of business on August 11,
      2006.

     

    Section
      2.03. The
      recitals contained herein shall be taken as the statements of the Company and
      the New Guarantor, and the Trustee assumes no responsibility for their
      correctness. The Trustee makes no representations as to the validity or
      sufficiency of this Supplement.

     

    Section
      2.04. This
      Supplement shall be governed by and construed in accordance with the laws of
      the
      jurisdiction which govern the Indentures and their construction.

     

    Section
      2.05. This
      Supplement may be executed in any number of counterparts each of which shall
      be
      an original, but such counterparts shall together constitute but one and the
      same instrument.

     

    
      
        
           

        

        
        

      

      
        
        

        
          

        

      

      
        
        

        
           

        

      

    

    
       

      
        IN
          WITNESS WHEREOF, the parties hereto have caused this Supplement to be duly
          executed and attested all as of the day and year first above
          written.

         

         

        

          
            	
                    CONSTELLATION
                      BRANDS, INC.

                  
	 
	
                    By:  

                  	
                    /s/
                      Thomas D. Roberts         

                  
	
                    Name:   

                    Title:  

                  	
                    Thomas
                      D. Roberts

                    Senior
                      Vice President and
                      Treasurer

                  

          

        

         

        

          
            	
                    Attest:

                    /s/ 
Barbara
                      J. LaVerdi        

                  
	
                    Name: Barbara
                      J. LaVerdi    

                  
	
                    Title: 
                      Assistant Secretary  
                      

                  

          

        
          
            
               

            

            
            

          

          
            
            

            
              

            

          

          
            
            

            
               

            

          

        

         

        
          

            
              	
                      CONSTELLATION
                        LEASING, LLC

                    
	 
	
                      By:  

                    	
                      /s/
                        Perry R. Humphrey        

                    
	
                      Name:   

                    	
                      Perry
                        Humphrey

                    
	Title: 	Vice
                      President

            

          

           

          

            
              	
                      Attest:

                      /s/ 
Barbara
                        J. LaVerdi        

                    
	
                      Name: Barbara
                        J. LaVerdi    

                    
	
                      Title: 
                        Assistant Secretary  
                        

                    

            

          

            
              
                
                   

                

                
                

              

              
                
                

                
                  

                

              

              
                
                

                
                   

                

              

            

        

        
          

           

          
            	
                    BNY
                      MIDWEST TRUST COMPANY

                  
	 
	
                    By:

                  	
                    /s/ D.
                      G. Donovan        

                  
	
                    Name:    

                  	 D. G. Donovan
	
                    Title:

                  	 Vice
                    President

          

          

          
            	
                    Attest:

                    /s/ 
M.
                      Callahan        

                  
	
                    Name:  
                      M. Callahan    

                  
	
                    Title:     Vice
                      President

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