Document:

QuickLinks
 -- Click here to rapidly navigate through this document

 
 

  EXHIBIT 10.7.4    
    

        SECOND AMENDMENT dated as of September 25, 2008 (this "Amendment"), to the
Credit Agreement dated as of March 2, 2005 (as amended, supplemented or otherwise modified from time to time, the "Credit Agreement"), among
MOLSON COORS BREWING COMPANY (the "Company"), COORS BREWING COMPANY, MOLSON CANADA 2005, MOLSON INC., MOLSON COORS CANADA INC. and COORS
BREWERS LIMITED; the LENDERS from time to time party thereto; WACHOVIA BANK, NATIONAL ASSOCIATION, as Administrative Agent; and BANK OF MONTREAL, as Canadian Administrative Agent. 

        WHEREAS
the Company, the Administrative Agent and the Required Lenders have agreed, on the terms and subject to the conditions set forth herein, to amend the Credit Agreement as set
forth herein. 

        NOW,
THEREFORE, in consideration of the above premises and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby
agree as follows: 

        SECTION 1.  Defined Terms. Capitalized terms used and not defined herein have the meanings given them in the Credit Agreement (as
amended hereby). 

        SECTION 2.
Amendment to the Credit Agreement. Effective as of the Second Amendment Effective Date (as defined below), the Credit
Agreement is hereby amended as follows: 

	(a)
	The
definition of "Affiliate" in Section 1.01 of the Credit Agreement is amended to add at the end thereof the following new sentence: 

"Notwithstanding
the foregoing, solely for purposes of the definition of "Consolidated EBITDA", any Person shall also be deemed to be an Affiliate of the Company if the Company has the power,
directly, or indirectly through one or more intermediaries, to vote 20% or more of the equity interests of such Person having ordinary voting power."  

	(b)
	The
definition of "Consolidated EBITDA" in Section 1.01 of the Credit Agreement is amended to read in its entirety as follows: 

        "Consolidated EBITDA" means, for any period, consolidated net income of the Company and the Subsidiaries for such period plus
(a) without duplication and to the extent deducted in determining such consolidated net income, the sum of (i) Consolidated Interest Expense for such period, (ii) consolidated
income tax expense, franchise taxes and state single business unitary and similar taxes imposed in lieu of income taxes or capital taxes for such period, (iii) all amounts attributable to
depreciation and amortization (or other impairment of intangible assets) for such period, (iv) any non-cash charges and non-cash losses (including any
write-off of deferred financing costs and the effects of purchase accounting) for such period (provided, that any cash payment made with respect to any such non-cash charge or
non-cash loss shall be subtracted in computing Consolidated EBITDA during the period in which such cash payment is made), (v) any extraordinary, unusual or non-recurring
charges or losses for such period, (vi) all costs, fees and expenses during such period related to any restructuring (including, without limitation, related severance costs, retention bonuses,
relocation expenses, expenses related to the closure of facilities and similar costs and expenses), issuance of equity, recapitalization, asset disposition, acquisition or Indebtedness,
(vii) all expenses and charges which have been reimbursed by a third party, to the extent such reimbursement has not been included in consolidated net income, (viii) losses realized upon
the disposition of property (other than inventory), (ix) expenses, charges and losses associated with the sale or discontinuance of any business operation to the extent such expenses, charges
or losses are recorded at or about the time of such sale or discontinuance, (x) to the extent not included in consolidated net income, payments received from business interruption insurance or
product recalls and (xi) losses of unconsolidated Affiliates recognized under equity method accounting, minus (b) without duplication and to the extent included in determining
consolidated net income of the Company and the Subsidiaries, the sum of (i) income of unconsolidated Affiliates recognized under equity method accounting, (ii) any extraordinary, unusual
or 

nonrecurring
gains for such period and (iii) gains realized upon the disposition of property (other than inventory), all determined on a consolidated basis in accordance with GAAP, plus
(c) to the extent not otherwise included in determining consolidated net income of the Company and the Subsidiaries, cash distributions received by the Company and the Subsidiaries from
unconsolidated Affiliates. In the event that there shall have occurred any acquisition or disposition of a business or a business unit during any period for which Consolidated EBITDA is to be
determined, such determination shall be made on a pro forma basis (in accordance with Regulation S-X under the Securities Act of 1933) as if such acquisition or disposition and any
related incurrence or repayment of Indebtedness had occurred on the first day of such period." 

        SECTION 3.
Representations and Warranties. The Company represents and warrants to the Administrative Agent and the Lenders that as
of the Second Amendment Effective Date and after giving effect hereto: 

	(a)
	This
Amendment has been duly authorized, executed and delivered by the Company and constitutes a legal, valid and binding obligation of the Company,
enforceable against it in accordance with its terms.

	(b)
	As
of the Second Amendment Effective Date, after giving effect to this Amendment, no Default has occurred and is continuing.

	(c)
	After
giving effect to this Amendment, all representations and warranties of the Company contained in the Credit Agreement (as amended hereby) are true and
correct in all material respects on and as of the date hereof (except with respect to representations and warranties expressly made only as of an earlier date, which representations were true and
correct in all material respects as of such earlier date). 

        SECTION 4.
Effectiveness. This Amendment shall become effective as of the first date (the "Second Amendment
Effective Date") on which the Administrative Agent (or its counsel) shall have received copies hereof that, when taken together, bear the signatures of the Company and the
Required Lenders. 

        SECTION 5.  Effect of Amendment. Except as expressly set forth herein, this Amendment shall not by implication or otherwise limit,
impair, constitute a waiver of, or otherwise affect the rights and remedies of the Administrative Agent or the Lenders under the Credit Agreement, and shall not alter, modify, amend or in any way
affect any of the terms, conditions, obligations, covenants or agreements contained in the Credit Agreement, all of which are ratified and affirmed in all respects and shall continue in full force and
effect. Nothing herein shall be deemed to entitle any Loan Party to a consent to, or a waiver, amendment, modification or other change of, any of the terms, conditions, obligations, covenants or
agreements contained in the Credit Agreement in similar or different circumstances. This Amendment shall apply and be effective only with respect to the provisions of the Credit Agreement specifically
referred to herein. As used therein, the terms "Agreement", "herein", "hereunder", "hereto", "hereof" and words of similar import shall, unless the context otherwise requires, refer to the Credit
Agreement as amended hereby. 

        SECTION 6.
Expenses. The Company agrees to reimburse the Administrative Agent for its reasonable
out-of-pocket expenses in connection with this Amendment, including the reasonable fees, charges and disbursements of Cravath, Swaine & Moore LLP, counsel for the
Administrative Agent. 

        SECTION 7.  Governing Law; Counterparts. (a) This Amendment and the rights and obligations of the parties hereto shall be
governed by, and construed and interpreted in accordance with, the laws of the State of New York.  

	(b)
	This
Amendment may be executed by one or more of the parties to this Amendment on any number of separate counterparts, and all of such counterparts taken
together shall be deemed to constitute one and the same instrument. This Amendment may be delivered by facsimile or other electronic imaging means of the relevant executed signature pages hereof. 

        SECTION 8.
Headings. The headings of this Amendment are for purposes of reference only and shall not limit or otherwise affect the
meaning hereof. 

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

 

 

					
	 	 	MOLSON COORS BREWING COMPANY,
	

 	
 	
  By:	
 	
/s/ E. JAY WELLS

  E. Jay Wells
 Treasurer

 

  

 

 

					
	 	 	WACHOVIA BANK, NATIONAL ASSOCIATION, INDIVIDUALLY AND AS ADMINISTRATIVE AGENT,
	

 	
 	
  By:	
 	
/s/ THOMAS M. HARPER

  Thomas M. Harper
 Senior Vice President

 

  

To
approve the Second Amendment: 

Name
of Lender: 

 

 

					
	ABN AMRO NV	 	 
	
 By:	
 	
/s/ JEAN TREMBSLEY

  Jean Trembsley
  Managing Director 	
 	

 

 

  

For
any Lender requiring a second signature line: 

 

 

					
	By:	 	/s/ MICHAEL R. COSTELLO

  Michael R. Costello
  Director 	 	 

 

  

 

 

					
	COOPERATIEVE CENTRALE RAIFFEISEN-BOERENLEENBANK B.V. "RABOBANK NEDERLAND", NEW YORK BRANCH, AS A LENDER	 	 
	
 By:	
 	
/s/ BERT CORUM

  Bert Corum
  Executive Director 	
 	

 

 

  

 

 

					
	
 By:	
 	
/s/ REBECCA O'MORROW

  Rebecca O'Morrow
  Executive Director 	
 	

 

 

 

 
  

 

 

					
	BANK OF AMERICA, N.A.	 	 
	
 By:	
 	
/s/ ROBERT J. BECKLEY

  Robert J. Beckley
  Managing Director 	
 	

 

 

  

 

 

					
	BANK OF MONTREAL	 	 
	
 By:	
 	
/s/ BRUNO JARRY

  Bruno Jarry
  Director 	
 	

 

 

  

For
any Lender requiring a second signature line: 

 

 

					
	BANK OF MONTREAL (US BRANCH)	 	 
	
 By:	
 	
/s/ DAVID L. MISTIC

  David L. Mistic
  Vice President 	
 	

 

 

  

 

 

					
	THE BANK OF TOKYO—MITSUBISHI UFJ, LTD.	 	 
	
 By:	
 	
/s/ VICTOR PIERZCHALSKI

  Victor Pierzchalski
  Authorized Signatory 	
 	

 

 

  

 

 

					
	CITIBANK N.A.	 	 
	
 By:	
 	
/s/ RICHARD M. LEVIN

  Richard M. Levin
  Vice President 	
 	

 

 

  

 

 

					
	DEUTSCHE BANK AG NEW YORK BRANCH	 	 
	
 By:	
 	
/s/ HEIDI SANDQUIST

  Heidi Sandquist
  Vice President 	
 	

 
	
 By:	
 	
/s/ MING K. CHU

  Ming K. Chu
  Vice President 	
 	

 

 

  

 

 

					
	FORTIS CAPITAL CORP	 	 
	
 By:	
 	
/s/ GILL DICKSON

  Gill Dickson
  Director 	
 	

 
	
 By:	
 	
/s/ ELAINE KAN

  Elaine Kan
  Assistant Vice President 	
 	

 

 

 

 
  

 

 

					
	HSBC BANK USA, N.A.	 	 
	
 By:	
 	
/s/ MOHAN MAHIMTURA

  Mohan Mahimtura
  Vice President 	
 	

 

 

  

 

 

					
	JPMORGAN CHASE BANK N.A.	 	 
	
 By:	
 	
/s/ LINDA A. CARPER

  Linda A. Carper
  Executive Director 	
 	

 

 

  

 

 

					
	LLOYDS TSB BANK PLC	 	 
	
 By:	
 	
/s/ DEBORAH CARLSON

  Deborah Carlson
  Director, Corporate Banking—USA 	
 	

 
	
 By:	
 	
/s/ CARLOS LOPEZ

  Carlos Lopez
  Associate Director, Corporate Banking—USA 	
 	

 

 

  

 

 

					
	MORGAN STANLEY SENIOR FUNDING, INC.	 	 
	
 By:	
 	
/s/ JANINE HAAS

  Janine Haas
  Vice President 	
 	

 

 

  

 

 

					
	THE NORTHERN TRUST COMPANY	 	 
	
 By:	
 	
/s/ BRANDON ROLEK

  Brandon Rolek
  Vice President 	
 	

 

 

  

 

 

					
	TRANSAMERICA SERVICES LTD.	 	 
	
 By:	
 	
/s/ JAMES N. STEWART

  James N. Stewart
  Regional Head of Credit Management, London 	
 	

 

 

  

 

 

					
	TORONTO DOMINION (TEXAS) LLC	 	 
	
 By:	
 	
/s/ DEBBI BRITO

  Debbi Brito
  Vice President, Corporate Administration 	
 	

 

 

  

 

 

					
	THE TORONTO DOMINION BANK	 	 
	
 By:	
 	
/s/ DEBBI BRITO

  Debbi Brito
  Vice President, Corporate Administration 	
 	

 

 

  

QuickLinks

EXHIBIT 10.7.4QuickLinks
 -- Click here to rapidly navigate through this document

 
 

  EXHIBIT 10.7.6    
    

        THIRD AMENDMENT dated as of July 9, 2010 (this "Amendment"), to the Credit Agreement dated as of March 2, 2005 (as
heretofore amended, supplemented or otherwise modified, the "Credit Agreement"), among MOLSON COORS BREWING COMPANY (the "Company"), COORS BREWING COMPANY, MOLSON CANADA 2005, MOLSON INC.,
MOLSON COORS CANADA INC. and COORS BREWERS LIMITED; the LENDERS from time to time party thereto; WELLS FARGO BANK, NATIONAL ASSOCIATION, as Administrative Agent; and BANK OF MONTREAL, as
Canadian Administrative Agent. 

        WHEREAS,
the Company, the Administrative Agent and the Required Lenders have agreed, on the terms and subject to the conditions set forth herein, to amend the Credit Agreement as set
forth herein. 

        NOW,
THEREFORE, in consideration of the premises and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree
as follows: 

        SECTION 1.
Defined Terms. Capitalized terms used and not defined herein have the meanings given them in the Credit Agreement (as amended hereby). 

        SECTION 2.
Amendment to the Credit Agreement. Effective as of the Third Amendment Effective Date (as defined below), Section 2.05(c) of the Credit Agreement is hereby
amended and restated in its entirety to read as follows: 

        "Expiration
Date. Each Letter of Credit shall, except as provided below in this paragraph, expire at or prior to the close of business on the earlier of (i) the date one year
after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (ii) the date that is five Business
Days prior to the Maturity Date. Any Letter of
Credit may provide by its terms that it may be extended for additional successive one-year periods under customary "evergreen" provisions on terms reasonably acceptable to the applicable
Issuing Bank; provided that, except as provided below in this paragraph, no Letter of Credit may be extended automatically or otherwise beyond the date that is five Business Days prior to the Maturity
Date. Notwithstanding the foregoing, any Issuing Bank in respect of any outstanding Letter of Credit may extend the date of expiration of such Letter of Credit to a date after the date that is five
Business Days prior to the Maturity Date on such terms and subject to such conditions as may be agreed to between such Issuing Bank, the Company and the applicable Borrower, and any agreement made by
the Company or the applicable Borrower to induce an Issuing Bank so to extend the date of expiration of any Letter of Credit (i) shall be set forth in a notice delivered by the Company to the
Administrative Agent promptly after the extension of the date of expiration of such Letter of Credit and (ii) shall for all purposes of this Agreement be deemed to be a covenant contained in
Article VI hereof. Each Issuing Bank, by extending the date of expiration of any Letter of Credit beyond the Maturity Date, will be deemed to have agreed that no Lender shall have any
obligation under Section 2.05(d) in respect of any LC Disbursement resulting from a drawing made under such Letter of Credit after the Maturity Date." 

        SECTION 3.
Representations and Warranties. The Company hereby represents and warrants to the Administrative Agent and the Lenders as follows: 

	(a)
	This
Amendment has been duly authorized, executed and delivered by the Company and the Credit Agreement, as amended hereby, constitutes a legal, valid and
binding obligation of the Company and each other Borrower, enforceable against the Company and each Borrower in accordance with its terms.

	(b)
	As
of the Third Amendment Effective Date, after giving effect to this Amendment, no Default has occurred and is continuing.

	(c)
	After
giving effect to this Amendment, all representations and warranties of the Company contained in the Credit Agreement (as amended hereby) are true and
correct in all material 

respects
on and as of the date hereof (except with respect to representations and warranties expressly made only as of an earlier date, which representations were true and correct in all material
respects as of such earlier date.) 

        SECTION 4.
Effectiveness. This Amendment shall become effective as of the first date (the "Third Amendment Effective Date") on which the Administrative Agent (or its counsel)
shall have received copies hereof that, when taken together, bear the signatures of the Company and the Required Lenders. 

        SECTION 5.
Effect of Amendment. Except as expressly set forth herein, this Amendment shall not by implication or otherwise limit, impair, constitute a waiver of, or otherwise
affect the rights and remedies of the Administrative Agent or the Lenders under the Credit Agreement, and shall not alter, modify, amend or in any way affect any of the terms, conditions, obligations,
covenants or agreements contained in the Credit Agreement, all of which are ratified and affirmed in all respects and shall continue in full force and effect. Nothing herein shall be deemed to entitle
any Loan Party to a consent to, or a waiver, amendment, modification or other change of, any of the terms, conditions, obligations covenants or agreements contained in the Credit Agreement in similar
or different circumstances. This Amendment shall apply and be effective only with respect to the provisions of the Credit Agreement specifically referred to herein. As used therein, the terms
"Agreement," "herein," "hereunder," "hereto," "hereof' and words of similar import shall, unless the context requires, refer to the Credit Agreement as amended hereby. 

        SECTION 6.
Expenses. The Company agrees to reimburse the Administrative Agent for its reasonable out-of-pocket expenses in connection with this Amendment,
including the reasonable fees, charges and disbursements of Cravath, Swaine & Moore LLP, counsel for the Administrative Agent. 

        SECTION 7.
Governing Law: CounterParts. (a) This Amendment and the rights and obligations of the parties hereto shall be governed by, and construed and interpreted in
accordance with, the laws of the State of New York.  

	(b)
	This
Amendment may be executed by one or more of the parties to this Amendment on any number of separate counterparts, and all of such counterparts taken
together shall be deemed to constitute one and the same instrument. This Amendment may be delivered by facsimile or other electronic imaging means of the relevant executed signature pages hereof. 

        SECTION 8.
Headings. The headings of this Amendment are for purposes of reference only and shall not limit or otherwise affect the meaning hereof. 

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

 

 

					
	 	 	MOLSON COORS BREWING COMPANY,
	

 	
 	
  By:	
 	
/s/ JULIO RAMIREZ

  Julio Ramirez
 VP & Treasurer

 

  

 

 

					
	 	 	WELLS FARGO BANK, NATIONAL ASSOCIATION, INDIVIDUALLY AND AS ADMINISTRATIVE AGENT,
	

 	
 	
  By:	
 	
/s/ STEVE ANDERSON

  Steve Anderson
 Executive Vice President

 

 

 
  

To
approve the Third Amendment: 

Name
of Lender: 

 

 

					
	BANK OF AMERICA, N.A.	 	 
	
 By:	
 	
/s/ JOHN H. SCHMIDT

  John H. Schmidt
  Vice President 	
 	

 

 

  

 

 

					
	BANK OF MONTREAL	 	 
	
 By:	
 	
/s/ ROBERT H. WOLOHAN

  Robert H. Wolohan
  Vice President 	
 	

 

 

  

 

 

					
	CITIBANK, N.A.	 	 
	
 By:	
 	
/s/ MUNIRA MUSADEK

  Munira Musadek
  Vice President 	
 	

 

 

  

 

 

					
	COOPERATIVE CENTRALE RAIFFEISEN-BOERENLEENBANK, B.A. "RABOBANK NEDERLAND", NEW YORK BRANCH,	 	 
	
 By:	
 	
/s/ PAMELA BEAL

  Pamela Beal
  Executive Director 	
 	

 
	
 By:	
 	
/s/ REBECCA O. MORROW

  Rebecca O. Morrow
  Executive Director 	
 	

 

 

  

 

 

					
	DEUTSCHE BANK AG CANADA BRANCH	 	 
	
 By:	
 	
/s/ ROD O'HARA

  Rod O'Hara
  Director 	
 	

 
	
 By:	
 	
/s/ MARCELLUS LEUNG

  Marcellus Leung
  Assistant Vice President 	
 	

 

 

 

 
  

 

 

					
	DEUTSCHE BANK AG NEW YORK BRANCH	 	 
	
 By:	
 	
/s/ FREDERICK W. LAIRD

  Frederick W. Laird
  Managing Director 	
 	

 
	
 By:	
 	
/s/ HEIDI SANDQUIST

  Heidi Sandquist
  Director 	
 	

 

 

  

 

 

					
	HSBC BANK USA, NATIONAL ASSOCIATION	 	 
	
 By:	
 	
/s/ JASON FUQUA

  Jason Fuqua
  Vice President 	
 	

 

 

  

 

 

					
	JPMORGAN CHASE BANK, N.A.	 	 
	
 By:	
 	
/s/ TONY YUNG

  Tony Yung
  Vice President 	
 	

 

 

  

 

 

					
	LLOYDS TSB BANK PLC	 	 
	
 By:	
 	
/s/ DEBORAH CARLSON

  Deborah Carlson
  SVP 	
 	

 
	
 By:	
 	
/s/ ROBERT V. BOTSCHKA

  Robert V. Botschka
  Senior Vice President 	
 	

 

 

  

 

 

					
	MORGAN STANLEY BANK, N.A.	 	 
	
 By:	
 	
/s/ RYAN VETSCH

  Ryan Vetsch
  Authorized Signatory 	
 	

 

 

  

 

 

					
	THE NORTHERN TRUST COMPANY	 	 
	
 By:	
 	
/s/ MORGAN A. LYONS

  Morgan A. Lyons
  Vice President 	
 	

 

 

  

 

 

					
	THE ROYAL BANK OF SCOTLAND PLC	 	 
	
 By:	
 	
/s/ WILLIAM MCGINTY

  William McGinty
  Senior Vice President 	
 	

 

 

 

 
  

 

 

					
	U.S. BANK N.A.	 	 
	
 By:	
 	
/s/ JEFF BENEDIX

  Jeff Benedix
  Assistant Vice President 	
 	

 

 

  

 

 

					
	BANK OF MONTREAL	 	 
	
 By:	
 	
/s/ ROBERT H. WOLOHAN

  Robert H. Wolohan
  Vice President 	
 	

 

 

  

 

 

					
	JPMORGAN CHASE BANK, N.A.	 	 
	
 By:	
 	
/s/ TONY YUNG

  Tony Yung
  Vice President 	
 	

 

 

  

 

 

					
	TORONTO DOMINION (TEXAS) LLC	 	 
	
 By:	
 	
/s/ JACKIE BARRETT

  Jackie Barrett
  Authorized Signatory 	
 	

 

 

  

 

 

					
	WELLS FARGO BANK, N.A.	 	 
	
 By:	
 	
/s/ STEVE ANDERSON

  Steve Anderson
  Executive Vice President 	
 	

 

 

  

QuickLinks

EXHIBIT 10.7.6

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00184-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00184-of-00352.parquet"}]]