Document:

<PAGE>

                                                                   EXHIBIT 10.41

                            [PYRAMID BREWERIES LOGO]

April 26, 2006

TO:         GARY MCGRATH

FROM:       JOHN LENNON, CHIEF EXECUTIVE OFFICER

RE:         REVISION IN OFFICER COMPENSATION AND TERMINATION PROVISIONS

Dear Gary:

This letter is to document changes to your compensation package and termination
provisions for your position as Vice President of Sales for Pyramid Breweries.

Effective March 25, 2006;

      1.    Your base salary will be $6,182.31 ($160,740 per annum), payable
            bi-weekly in arrears, by direct bank transfer.

      2.    Your car allowance will be $575.00 per month.

STOCK AWARDS:

As approved by the Compensation Committee, you will be granted restricted stock
awards under the Company's 2004 Equity Incentive Plan (the "Plan") on the
following terms (subject to the terms and conditions of the Plan and your
Restricted Stock Award Notice and Restricted Stock Agreement):

                  I.    Annual Awards. You will be granted stock awards or stock
                        units for 4,000 shares on each of January 1, 2007 and
                        the next four anniversaries of that date; provided,
                        however, that if your employment is terminated by the
                        Company without Cause or by you for Good Reason, or as a
                        result of your death or Disability (all as defined
                        below), during 2006, you will receive the stock award
                        that you would have been entitled to receive on January
                        1, 2007, and during any other year, you will receive a
                        prorated portion of the relevant annual award as of the
                        date your employment is terminated;

                  II.   Annual Performance Awards. You will be granted stock
                        awards or stock units for an additional 4,000 shares
                        based on the Company's achievement of certain
                        performance goals as follows; provided that if your
                        employment is terminated by the Company without Cause or
                        by you for Good Reason, or as a result of your death or
                        Disability (all as defined below), during 2006, you will
                        receive the stock award that you would have been
                        entitled to receive on January 1, 2007 as if the
                        applicable performance goal had been met, and during any
                        other year, you will receive a prorated portion of the
                        relevant annual performance award as set forth below as
                        if the relevant annual performance goal had been
                        reached, prorated to the date your employment is
                        terminated and granted as of the date your employment is
                        terminated:

<PAGE>

                            [PYRAMID BREWERIES LOGO]

                           (A) On January 1, 2007, if the Company achieves an
                           increase in return on average net equity for the year
                           ending December 31, 2006, of at least 200 basis
                           points as compared to return on average net equity
                           for the year ending December 31, 2004;

                           (B) On January 1, 2008, if the Company achieves an
                           increase in return on average net equity for the year
                           ending December 31, 2007, of at least 200 basis
                           points as compared to return on average net equity
                           for the year ending December 31, 2005;

                           (C) On January 1, 2009, if the Company achieves an
                           increase in return on average net equity for the year
                           ending December 31, 2008, of at least 200 basis
                           points as compared to return on average net equity
                           for the year ending December 31, 2006

                           (D) On January 1, 2010, if the Company achieves an
                           increase in return on average net equity for the year
                           ending December 31, 2009, of at least 200 basis
                           points as compared to return on average net equity
                           for the year ending December 31, 2007; and

                           (E) On January 1, 2011, if the Company achieves an
                           increase in return on average net equity for the year
                           ending December 31, 2010, of at least 200 basis
                           points as compared to return on average net equity
                           for the year ending December 31, 2008.

            The awards granted to you pursuant to this paragraph 5(c) will be in
            the form of stock awards, provided that you can elect instead to
            receive an award in the form of stock units by delivering to the
            Company written notice to that effect no later than the 10th
            business day prior to the grant date for that award. The stock
            awards or stock units will be granted either under the Company's
            2004 Equity Incentive Plan (the "Plan"), or outside of the Plan, but
            subject to the terms and conditions of the Plan. The stock awards or
            stock units will be subject to a forfeiture restriction that will
            lapse on the first anniversary of their respective grant dates. The
            stock awards or stock units will be evidenced by award agreements in
            substantially the form attached hereto as Exhibit A (the "Stock
            Agreement"), and will be subject to the terms and conditions set
            forth in the Stock Agreement, the Plan and this agreement.
            Notwithstanding any contrary provisions of the Plan or any successor
            incentive plan, no stock award or stock units that have become
            vested under this agreement shall be subject to forfeiture
            thereafter. The forfeiture restrictions will lapse on an accelerated
            basis under certain circumstances in the event of a Company
            Transaction or Change in Control (both as defined in the Plan) or
            upon a termination of your employment by the Company without Cause
            (as defined below), by You for Good Reason (as defined below) or as
            a result of your death or Disability. The Company shall use its best
            efforts to obtain Form S-8 registration with respect to the shares
            of the Company's Common Stock issuable pursuant to this agreement
            and to maintain such registration for as long as you holds such
            shares.

Vesting:

Any restricted stock awards granted will vest and cease to be subject to
forfeiture on January 1 of the year after the year of grant.

TERMINATION PROVISION:

In the event your employment may be terminated, your compensation and benefits
shall terminate except as otherwise provided below:

Without Cause or Good Reason:

<PAGE>

                            [PYRAMID BREWERIES LOGO]

Either you or the company may terminate your employment at any time by giving
fourteen (14) calendar days' advance written notice of termination to the other
without the necessity of cause or good reason.

By Company for Cause:

The Company may terminate your employment for cause, without advance written
notice of termination, by giving written notice of such termination. For
purposes of this agreement "cause" means and is limited to dishonesty, fraud,
commission of a felony or of a crime involving moral turpitude, harassment or
illegal discrimination of any nature, including sexual harassment, destruction,
theft, or unauthorized use or distribution of Company property or confidential
information, fighting with an employee or customer or vendor, intoxication at
work, use of alcohol to an extent that it impairs your performance of your
duties, use of illegal drugs at any time, malfeasance or gross negligence in the
performance of your duties, violation of law in the course of employment, your
failure or refusal to perform his or her duties, your failure or refusal to
follow reasonable instructions or directions, misconduct, or any material beach
of your duties or obligations to Company.

Death:

Your employment shall terminate automatically upon your death.

Permanent Disability:

The Company may terminate your employment immediately if you become permanently
disabled. For purposes of this agreement you will be considered "permanently
disabled" if, for a continuous period of twenty-four (24) weeks or more, and you
have been unable to perform the essential functions of the job because one or
more mental or physical illnesses and/or disabilities, provided that Company may
grant you unpaid leave if and to the extent that, in Company's judgment, doing
so is required by law.

TERMINATION PAYMENTS:

Termination Without Cause:

If Company terminates your employment when neither cause nor permanent
disability exists, the Company shall pay you, as liquidated damages and in lieu
of all other remedies to which you might be entitled arising out of the
termination, termination payments equal to six month's salary plus a pro rata
share of any personal performance bonus for which you are eligible for in the
year of termination. For the same six-month period, the Company shall continue
to provide at the Company's cost, the Company's medical benefits to you and
qualifying family members. Such liquidated damages shall be paid only if you
executes a full and final general release of all claims against Company
(including Company's officers, directors, agents, employees and assigns) arising
out of your employment relationship with Company.

Termination payments shall be paid out at your normal payroll rate on regular
payroll days subject to normal payroll deductions.

All Other Terminations:

In all cases of termination, including, but not limited to, a termination by
Company for cause or resignation of employment, your compensation and benefits
shall terminate on the date the employment ends and you shall not be entitled to
any termination payments or damages.

<PAGE>

                            [PYRAMID BREWERIES LOGO]

I am excited about our future together as part of the team here at Pyramid
Breweries and want to extend to you my thanks and gratitude for your
contribution thus far to the company.

Sincerely,

John Lennon                                  ___________________________
Chief Executive Officer                      Date
Pyramid Breweries

___________________________                  ___________________________
Gary McGrath                                 Date<PAGE>

                                                                   EXHIBIT 10.42

                            [PYRAMID BREWERIES LOGO]

April 26, 2006

TO:         MARK HOUSE

FROM:       JOHN LENNON, CHIEF EXECUTIVE OFFICER

RE:         REVISION IN OFFICER COMPENSATION AND TERMINATION PROVISIONS

Dear Mark:

This letter is to document changes to your compensation package and termination
provisions for your position as Vice President of Brewery Operations for Pyramid
Breweries.

Effective March 25, 2006;

      1.    Your base salary will be $5,218.93 ($135,692 per annum), payable
            bi-weekly in arrears, by direct bank transfer.

      2.    Your car allowance will be $575.00 per month.

STOCK AWARDS:

As approved by the Compensation Committee, you will be granted restricted stock
awards under the Company's 2004 Equity Incentive Plan (the "Plan") on the
following terms (subject to the terms and conditions of the Plan and your
Restricted Stock Award Notice and Restricted Stock Agreement):

                  I.    Annual Awards. You will be granted stock awards or stock
                        units for 4,000 shares on each of January 1, 2007 and
                        the next four anniversaries of that date; provided,
                        however, that if your employment is terminated by the
                        Company without Cause or by you for Good Reason, or as a
                        result of your death or Disability (all as defined
                        below), during 2006, you will receive the stock award
                        that you would have been entitled to receive on January
                        1, 2007, and during any other year, you will receive a
                        prorated portion of the relevant annual award as of the
                        date your employment is terminated;

                  II.   Annual Performance Awards. You will be granted stock
                        awards or stock units for an additional 4,000 shares
                        based on the Company's achievement of certain
                        performance goals as follows; provided that if your
                        employment is terminated by the Company without Cause or
                        by you for Good Reason, or as a result of your death or
                        Disability (all as defined below), during 2006, you will
                        receive the stock award that you would have been
                        entitled to receive on January 1, 2007 as if the
                        applicable performance goal had been met, and during any
                        other year, you will receive a prorated portion of the
                        relevant annual performance award as set forth below as
                        if the relevant annual performance goal had been
                        reached, prorated to the date your employment is
                        terminated and granted as of the date your employment is
                        terminated:

<PAGE>

                            [PYRAMID BREWERIES LOGO]

                           (A) On January 1, 2007, if the Company achieves an
                           increase in return on average net equity for the year
                           ending December 31, 2006, of at least 200 basis
                           points as compared to return on average net equity
                           for the year ending December 31, 2004;

                           (B) On January 1, 2008, if the Company achieves an
                           increase in return on average net equity for the year
                           ending December 31, 2007, of at least 200 basis
                           points as compared to return on average net equity
                           for the year ending December 31, 2005;

                           (C) On January 1, 2009, if the Company achieves an
                           increase in return on average net equity for the year
                           ending December 31, 2008, of at least 200 basis
                           points as compared to return on average net equity
                           for the year ending December 31, 2006

                           (D) On January 1, 2010, if the Company achieves an
                           increase in return on average net equity for the year
                           ending December 31, 2009, of at least 200 basis
                           points as compared to return on average net equity
                           for the year ending December 31, 2007; and

                           (E) On January 1, 2011, if the Company achieves an
                           increase in return on average net equity for the year
                           ending December 31, 2010, of at least 200 basis
                           points as compared to return on average net equity
                           for the year ending December 31, 2008.

            The awards granted to you pursuant to this paragraph 5(c) will be in
            the form of stock awards, provided that you can elect instead to
            receive an award in the form of stock units by delivering to the
            Company written notice to that effect no later than the 10th
            business day prior to the grant date for that award. The stock
            awards or stock units will be granted either under the Company's
            2004 Equity Incentive Plan (the "Plan"), or outside of the Plan, but
            subject to the terms and conditions of the Plan. The stock awards or
            stock units will be subject to a forfeiture restriction that will
            lapse on the first anniversary of their respective grant dates. The
            stock awards or stock units will be evidenced by award agreements in
            substantially the form attached hereto as Exhibit A (the "Stock
            Agreement"), and will be subject to the terms and conditions set
            forth in the Stock Agreement, the Plan and this agreement.
            Notwithstanding any contrary provisions of the Plan or any successor
            incentive plan, no stock award or stock units that have become
            vested under this agreement shall be subject to forfeiture
            thereafter. The forfeiture restrictions will lapse on an accelerated
            basis under certain circumstances in the event of a Company
            Transaction or Change in Control (both as defined in the Plan) or
            upon a termination of your employment by the Company without Cause
            (as defined below), by You for Good Reason (as defined below) or as
            a result of your death or Disability. The Company shall use its best
            efforts to obtain Form S-8 registration with respect to the shares
            of the Company's Common Stock issuable pursuant to this agreement
            and to maintain such registration for as long as you holds such
            shares.

Vesting:

Any restricted stock awards granted will vest and cease to be subject to
forfeiture on January 1 of the year after the year of grant.

TERMINATION PROVISION:

In the event your employment may be terminated, your compensation and benefits
shall terminate except as otherwise provided below:

Without Cause or Good Reason:

<PAGE>

                            [PYRAMID BREWERIES LOGO]

Either you or the company may terminate your employment at any time by giving
fourteen (14) calendar days' advance written notice of termination to the other
without the necessity of cause or good reason.

By Company for Cause:

The Company may terminate your employment for cause, without advance written
notice of termination, by giving written notice of such termination. For
purposes of this agreement "cause" means and is limited to dishonesty, fraud,
commission of a felony or of a crime involving moral turpitude, harassment or
illegal discrimination of any nature, including sexual harassment, destruction,
theft, or unauthorized use or distribution of Company property or confidential
information, fighting with an employee or customer or vendor, intoxication at
work, use of alcohol to an extent that it impairs your performance of your
duties, use of illegal drugs at any time, malfeasance or gross negligence in the
performance of your duties, violation of law in the course of employment, your
failure or refusal to perform his or her duties, your failure or refusal to
follow reasonable instructions or directions, misconduct, or any material beach
of your duties or obligations to Company.

Death:

Your employment shall terminate automatically upon your death.

Permanent Disability:

The Company may terminate your employment immediately if you become permanently
disabled. For purposes of this agreement you will be considered "permanently
disabled" if, for a continuous period of twenty-four (24) weeks or more, and you
have been unable to perform the essential functions of the job because one or
more mental or physical illnesses and/or disabilities, provided that Company may
grant you unpaid leave if and to the extent that, in Company's judgment, doing
so is required by law.

TERMINATION PAYMENTS:

Termination Without Cause:

If Company terminates your employment when neither cause nor permanent
disability exists, the Company shall pay you, as liquidated damages and in lieu
of all other remedies to which you might be entitled arising out of the
termination, termination payments equal to six month's salary plus a pro rata
share of any personal performance bonus for which you are eligible for in the
year of termination. For the same six-month period, the Company shall continue
to provide at the Company's cost, the Company's medical benefits to you and
qualifying family members. Such liquidated damages shall be paid only if you
executes a full and final general release of all claims against Company
(including Company's officers, directors, agents, employees and assigns) arising
out of your employment relationship with Company.

Termination payments shall be paid out at your normal payroll rate on regular
payroll days subject to normal payroll deductions.

All Other Terminations:

In all cases of termination, including, but not limited to, a termination by
Company for cause or resignation of employment, your compensation and benefits
shall terminate on the date the employment ends and you shall not be entitled to
any termination payments or damages.

<PAGE>

                            [PYRAMID BREWERIES LOGO]

I am excited about our future together as part of the team here at Pyramid
Breweries and want to extend to you my thanks and gratitude for your
contribution thus far to the company.

Sincerely,

John Lennon                                          ____________________
Chief Executive Officer                              Date
Pyramid Breweries

__________________________________                   ____________________
Mark House                                           Date

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