Document:

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                                                                  EXHIBIT 10(gg)

                           SALARY CONTINUATION PROGRAM

If a senior executive is unable to work because of a disability, salary will
continue in accordance with the following schedule:

         -      100% salary for the first 12 months.
         -      75% salary continuation for the remainder of the period
                of disability or until termination for cause or retirement.

The Company will pay for these benefits but a participant, depending upon the
personal situation, may wish also to be covered under the Voluntary Long Term
Disability Program, for which the employee pays the premium.

Disability is defined as the inability to engage in any substantial gainful
activity because of a medically determinable physical or mental impairment, as
determined by the JES Human Resources and Compensation Committee, based upon
such evidence it deems appropriate and necessary.

FUNDING

The cost of this program will be borne directly by the Company, and there will
be no special fund established for this purpose.<PAGE>   1
                                                               EXHIBIT 10 (hh)
                                                        REVISED AUGUST 1st, 1981

                        JOSEPH E. SEAGRAM & SONS, LIMITED

                 POST RETIREMENT CONSULTING PLAN (INTERNATIONAL)

The Post Retirement Consulting Plan (the "Plan") has been constituted by Joseph
E. Seagram & Sons, Limited (the "Company") to provide a continuity of
contributions and consulting services to the Company from certain designated
executives of the Company after they have retired from active service with the
Company and to compensate such designated executives for such contributions and
services as they may provide after their retirement.

The Company has designated Mr. __________ (the "Executive") to be a participant
in the Plan.

A)         Normal Retirement

           The Executive must retire from active service with the Company upon
           attaining the age of 65 years but he/she may elect to retire upon or
           at any time after attaining the age of 55 years.

           In the event that the Executive dies or is dismissed from the employ
           of the Company or in the event that the Executive voluntarily
           terminates his/her employment with the Company at any time prior to
           the date of his/her normal retirement, the Executive shall be deemed
           never to have been a participant in the Plan and shall not be
           entitled to receive any benefits or payments thereunder.

           Furthermore, the Executive shall not be entitled to any benefits or
           payments under the Plan unless and until the Executive shall have
           been an employee engaged in active service with the Company for a
           continuous period of ten (10) years prior to the date of his/her
           retirement from active service with the Company.

B)         Certain Definitions

           (i)        The term "Base Salary" means the product obtained when the
                      Executive's salary (excluding commissions, bonuses,
                      annuities and special or contingent payments) during the
                      month immediately preceding the month during which
                      retirement occurs or, in the case of paragraph D) hereof,
                      during the month immediately preceding the month during
                      which Total and Permanent Disability occurs, is multiplied
                      by 12;

           (ii)       The Executive is deemed to be "Totally and Permanently
                      Disabled" if he/she is eligible to receive disability
                      benefits under the Company's "Group Insurance Plan";

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           (iii)      The term "Designated Payee" means the person named in
                      sub-paragraph C) (i) hereof. In the event that no person
                      is therein named or in the event that the person so named
                      pre-deceases the Executive, the Designated Payee shall be
                      deemed to be the estate of the Executive. In the event
                      that the death of the Designated Payee named in
                      sub-paragraph C) (i) hereof occurs after the death of the
                      Executive, the Designated Payee shall thereafter be deemed
                      to be the estate of the Designated Payee so named.

C)         Compensation

           (i)        In the event that the Executive retires from active
                      service with the Company at age 65, the Executive or, in
                      the event of the death of the Executive subsequent to the
                      date of his/her retirement, _________ the ("Designated
                      Payee"), shall be entitled to receive an amount equal to
                      thirty-five percent (35%) of the Base Salary of the
                      Executive plus 35% of the highest annual regular bonus
                      previously awarded, (the "Basic Annual Amount"). The Basic
                      Annual Amount shall be payable on the first day of each
                      month (120 payments only), each installment being equal to
                      one-twelfth (1/12) of the Basic Annual Amount, commencing
                      with a first payment to be made on the first day of the
                      month immediately following the date of the Executive's
                      retirement from active service with the Company.

           (ii)       In the event that the Executive retires from active
                      service with the Company upon or after he/she has attained
                      age 55 and prior to attaining the age of 65 years, the
                      Executive or, in the event of the death of the Executive
                      subsequent to the date of his/her retirement, the
                      Designated Payee, shall be entitled to receive an amount
                      equal to:

                      (aa)       in the event that the Executive has, prior to
                                 his/ her retirement, been an employee of the
                                 Company for thirty (30) or more continuous
                                 years, such percentage of the Basic Annual
                                 Amount as is equal to the difference between
                                 100% and the product obtained when 3% is
                                 multiplied by the difference between the age of
                                 65 years and the age at which the Executive
                                 retires; or

                      (bb)       in the event that the Executive has, prior to
                                 his/her retirement, been an employee of the
                                 Company for twenty (20) or more but less than
                                 thirty (30) continuous years, such percentage
                                 of the Basic Annual Amount as is equal to the
                                 difference between 100% and the product
                                 obtained when 4% is multiplied by the
                                 difference between the age of 65 years and the
                                 age at which the Executive retires; or

                      (cc)       in the event that the Executive has, prior to
                                 his/her retirement, been an employee of the
                                 Company for ten (10) or more but less than
                                 twenty (20) continuous years, such percentage
                                 of the Basic Amount as is equal to the
                                 difference between the age of 65 years and the
                                 age at which the Executive retires;

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                                 such amount shall be payable, without interest,
                                 for a period of ten (10) years only and shall
                                 be paid in equal consecutive monthly
                                 installments payable on the first day of each
                                 month (120 payments only), each installment
                                 being equal to one-twelfth (1/12) of the Basic
                                 Annual Amount, commencing with a first payment
                                 to be made on the first day of the month
                                 immediately following date of the Executive's
                                 retirement from active service with the
                                 Company.

                                 Examples of the calculations to be made
                                 hereunder and the amounts payable pursuant
                                 thereto are annexed hereto as Schedule "A".

                                 The amounts payable by the Company under the
                                 Plan will be payable in addition to such other
                                 amounts as may be payable to the Executive
                                 pursuant to the Company's plans for insurance,
                                 pension or health and welfare, if any;

D)         Disability

           In the event that the Executive, upon or after attaining the age of
           55 years (but prior to attaining the age of 65 years) and having
           completed ten (10) continuous years of service with the Company, is
           entitled to benefits under the Company's "Group Insurance Plan" as
           having suffered Total and Permanent Disability and remains totally
           and permanently disabled until the age of 65 years, but has not died
           prior to attaining age 65, the Company will pay to the Executive or
           in the event of the death of the Executive after having attained the
           age of 65 years, to the Designated Payee, an amount equal to
           thirty-five percent (35%) of the Base Salary plus 35% of highest
           annual regular bonus previously awarded, of the Executive. The
           aforesaid amount shall be payable, without interest, for a period of
           ten (10) years only and shall be paid in equal consecutive monthly
           installments payable on the first day of each month (120 payments
           only), each installment being equal to one-twelfth (1/12) of the
           aforesaid amount, commencing with a first payment to be made on the
           first day of the month immediately following the Executive's
           sixty-fifth birthday;

E)         Taxation

           The benefits payable under the Plan are taxable in the hands of the
           recipient;

F)         Assignability

           The rights, benefits and/or obligations set forth herein are not
           assignable by the Executive except to and as provided herein with
           respect to the Designated Payee;

G)         No Right to Employment

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           This document and/or the Plan do not constitute a contract of
           employment and do not confer upon the Executive any right to
           employment or to the continuation of his/her employment with the
           Company;

H)         Termination or Amendment

           This document and/or the Plan may be unilaterally amended or
           teminated by the Company, in its sole and absolute discretion, at any
           time and from time to time prior to the date of the Executive's
           retirement from active service with the Company;

I)         Notice

           Any notice, payment or communication required or permitted to be
           given hereunder to the Executive shall be in writing and shall be
           deemed to be properly given when deposited in the mail, registered
           and postage prepaid to the Executive at the following address:

J)         Language

           The Executive acknowledges that he/she has required this document to
           be drawn in the English language. L'administrateur connait qu'il
           (elle) a exige que le present document soit redige en anglais.

ACKNOWLEDGMENT

The undersigned hereby acknowledges that I have received a copy of the Joseph E.
Seagram & Sons, Limited "Post Retirement Consulting Plan", that I have read and
understand the terms and conditions of the Plan and I hereby agree to be bound
by the terms and conditions thereof.

I further understand that this present agreement as acknowledged herewith
supersedes and nullifies any previous such agreement pertaining to the Company's
"Post Retirement Consulting Plan".

Dated at          this          day of                          19
        ---------      --------        -------------------------   ---------

                                    Signed:
                                            ---------------------------------

<PAGE>   5

                                  SCHEDULE "A"

EXAMPLE - UNCAPPED BASIC ANNUAL AMOUNT

<TABLE>
<CAPTION>

Normal Retirement - Age 65

<S>                                                                                 <C>
      Base salary at retirement plus the highest annual regular
      bonus previously paid                                                                     300,000.00
      Compensation: 35% of $300,000 ("Basic Annual
      Amount")                                                                                  105,000.00

      Total payable during 10 years:                                                          1,050,000.00

Earlier Payments, payable for 10 years

      (i)       Service - 30 years or more

                Retirement starting at age 55 - 70% of $105,000  =                   $            73,500.00

                                           58 - 79% of $105,000  =                   $            82,950.00

                                           60 - 85% of 105,000   =                   $            89,250.00

                                           62 - 91% of $105,000  =                   $            95,550.00

       (ii)     Service - 20 years or more

                Retirement starting at age 55 - 60% of $105,000  =                   $            63,000.00

                                           58 - 72% of $105,000  =                   $            75,600.00

                                           60 - 80% of $105,000  =                   $            84,000.00

                                           62 - 88% of $105,000  =                   $            92,400.00

       (iii)    Service - 10 years or more

                Retirement starting at age 55 - 50% of $105,000  =                   $            52,500.00

                                           58 - 65% of $105,000  =                   $            68,250.00

                                           60 - 75% of  105,000  =                   $            78,750.00

                                           62 - 85% of $105,000  =                   $            89,250.00

</TABLE>

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