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                                                                   Page 50 of 55

                                  EXHIBIT 10-10

                                 GENERAL RELEASE

         MANUFACTURERS AND TRADERS TRUST COMPANY, a New York banking corporation
with an office at One M&T Plaza, Buffalo, New York 14202, as RELEASOR, in
consideration of the sum of ONE DOLLAR ($1.00) and other good and valuable
consideration received from GBC LIQUIDATING CORP., as successor to Genesee
Corp., formerly known as The Genesee Brewing Company, Inc., a New York
Corporation with an office at 16 West Main Street, Rochester, New York 14614, as
RELEASEE,

receipt whereof is hereby acknowledged, releases and discharges the RELEASEE,
RELEASEE'S shareholders, directors, officers, employees, representatives,
agents, successors and assigns from all actions, causes of action, suits, debts,
dues, sums of money, accounts, reckonings, bonds, bills, specialties, covenants,
contracts, controversies, agreements, promises, variances, trespasses, damages,
judgments, extents, executions, claims, and demands whatsoever, in law,
admiralty or equity which against the RELEASEE, the RELEASOR, RELEASOR'S
successors and assigns ever had, now have or hereafter can, shall or may have,
for, upon, or by reason of any matter, cause or thing whatsoever from the
beginning of the world to the day of the date of this RELEASE relating to,
arising from or involving the obligations of Releasee to Releasor set forth in
the Intercreditor Agreement dated as of December 15, 2000 among Releasee,
Releasor, High Falls Brewing Company, LLC and Cephas Capital Partners, L.P. This
Release is expressly conditioned upon and shall not effective unless and until a
General Release of even date herewith given by Cephas Capital Partners L.P. to
Releasee is effective.

         This RELEASE may not be changed orally.

         IN WITNESS WHEREOF, RELEASOR has caused this RELEASE to be executed on
the 21st day of May, 2004.

RELEASOR:                                 MANUFACTURERS AND TRADERS TRUST
                                          COMPANY

                                          By: /s/ John C. Morsch
                                              ---------------------------------
                                              Name: John C. Morsch
                                              Title: Vice President

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                                                                   Page 51 of 55

STATE OF NEW YORK )
COUNTY OF MONROE  ) ss:

         On the ___ day of May in the year 2004, before me, the undersigned, a
Notary Public in and for said State, personally appeared _______________,
personally known to me or proved to me on the basis of satisfactory evidence to
be the individual(s) whose name{s) is/are subscribed to the within instrument
and acknowledged to me that he/she/they executed the same in his/ber/their
capacity((ies), and that by his/her/their signature(s) on the instrument, the
individual(s), or the person upon behalf of which the individual(s) acted,
executed the instrument.

                                                ________________________________
                                                Notary Public<PAGE>

                                                                   Page 52 of 55

                                  EXHIBIT 10-11

                                 GENERAL RELEASE

         CEPHAS CAPITAL PARTNERS, L.P., a New York limited partnership with an
office at 57 Monroe Avenue, Pittsford, New York 14534, as RELEASOR, in
consideration of the sum of ONE DOLLAR ($1.00) and other good and valuable
consideration received from GBC LIQUIDATING CORP., as successor to Genesee
Corp., formerly known as The Genesee Brewing Company, Inc., a New York
Corporation with an office at 16 West Main Street, Rochester, New York 14614, as
RELEASEE,

receipt whereof is hereby acknowledged, releases and discharges the RELEASES,
RELEASEE'S shareholders, directors, officers, employees, representatives,
agents, successors and assigns from all actions, causes of action, suits, debts,
dues, sums of money, accounts, reckonings, bonds, bills, specialties, covenants,
contracts, controversies, agreements, promises, variances, trespasses, damages,
judgments, extents, executions, claims, and demands whatsoever, in law,
admiralty or equity which against the RELEASES, the RELEASOR, RELEASOR'S
successors and assigns ever had, now have or hereafter can, shall or may have,
for, upon, or by reason of any matter, cause or thing whatsoever from the
beginning of the world to the day of the date of this RELEASE, including,
without limiting the generality of the foregoing, the obligations of Releasee to
Releasor set forth in the Intercreditor Agreement dated as of December 15, 2000
among Releasee, Releasor, High Falls Brewing Company, LLC and Manufacturers and
Traders Trust Company. This Release is expressly conditioned upon and shall not
become effective unless after the date hereof and on or before July 31, 2004
Releasor receives payment of at least $120,000 (the "DEFAULTED INTEREST
PAYMENT") under the Subordinated Promissory Note dated December 15; 2000 made by
High Falls Brewing Company, LLC. Releasor shall promptly and accurately respond
to any inquiry made by Releasee as the whether the Defaulted Interest Payment
has been received by Releasor and the time of receipt, and upon the written
request of Releasee will confirm such response in writing (including, if
applicable in such confirmation that the Defaulted Interest Payment was made on
or prior to July 31, 2004, and if so made that this Release is in full force and
effect).

         This RELEASE may not be changed orally.

         IN WITNESS WHEREOF, RELEASOR has caused this RELEASE to be executed on
the 21st day of May, 2004.

                                           CEPHAS CAPITAL PARTNERS, L.P.

                                           By: Chephas LLC, Its General Partner

                                           By: /s/ Jeffery S. Holmes
                                               --------------------------------
                                               Jeffery S. Holmes
                                               Managing Member

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                                                                   Page 53 of 55

STATE OF NEW YORK )
COUNTY OF MONROE  ) ss:

         On the ___ day of May in the year 2004, before me, the undersigned, a
Notary Public in and for said State, personally appeared __________, personally
known to me or proved to me on the basis of satisfactory evidence to be the
individual(s) whose name(s) is/are subscribed to the within instrument and
acknowledged to me that he/she/they executed the same in his/her/their
capacity(ies), and that by his/her/their signature(s) on the instrument, the
individual(s), or the person upon behalf of which the individual(s) acted,
executed the instrument.

                                                ________________________________
                                                Notary Public<PAGE>

                                                                   Page 54 of 55

                                  EXHIBIT 10-12
                     MANUFACTURERS AND TRADERS TRUST COMPANY
                         255 EAST AVENUE, P.0, BOX 22900
                               ROCHESTER, NY 14604

                                  May 11, 2004

Samuel T. Hubbard
President and CEO
High Falls Brewing Company
445 St Paul St.
Rochester, NY 14605

Dear Tom,

The following are conditions which must be met prior to High Falls Brewing
Company making the $120,000 payment to Cephas, in connection with the proposed
Genesee Note buyout:

1.       Minimum pretax profit for High Falls Brewing Company of $1.1 million
         for the months of April, May and June, 2004.

2.       No overline situation on June 30, 2004. i.e. the company is within the
         borrowing base (excluding the personal guarantees).

3.       Payment is not made until after the final UDV termination payment is
         received (on or about July 15th) and paid to M&T Bank.

4.       Lease (printers) totaling $108,194 as of 4/2/04, will become due and
         paid off in full concurrently with the Cephas payment being made or, if
         GBC pays $120M

5.       In the event that Cephas receives $120,000 payment from HFBC after
         satisfaction of the above conditions or from GBC, Cephas may keep the
         payment.

Nothing in this letter shall modify the rights or remedies of this Bank except
as specifically set forth above. If you have any questions, please feel free to
contact me directly at 258-8424.

Sincerely yours,

MANUFACTURERS AND /TRADERS TRUST COMPANY

/s/ Kevin Wilmot

Kevin Wilmot
Assistant Vice President

ACKNOWLEDGED AND ACCEPTED:

By: /s/ John B. Henderson                       Date: May 21, 2004
    ------------------------------
    John B. Henderson, President, High Falls Brewing Company

By: /s/ Jeffery S. Holmes                       Date:
    ------------------------------                   ---------------------------
    Cephas Capital Partners<PAGE>

                                                                   Page 55 of 55

                                  EXHIBIT 10-13

                               CLOSING CERTIFICATE

         Pursuant to Section 5.04H. of that certain Note Purchase Agreement,
dated as of May 24, 2004 (the "PURCHASE AGREEMENT"), by and among GBC
Liquidating Corp., a New York corporation (the "SELLER"), and St. Paul
Associates, LLC, a New York limited liability company (the "BUYER"), the
undersigned does hereby certify, for and on behalf of Seller and in its name, as
follows:

         1.       Each of the representations and warranties of Seller contained
in the Purchase Agreement are true and correct in all material respects as of
the date hereof with the same effect as though such representations and
warranties had been made on and as of the date hereof (other than any
representation or warranty that is expressly made as of a specified date, which
was true and correct in all material respects as of such specified date), except
for such misrepresentations and inaccurate warranties as will not singly, or in
the aggregate, be reasonably expected to have a material adverse effect on the
Seller.

         2.       Seller has performed in all material respects all the
obligations to be performed by it prior to the date hereof.

         IN WITNESS WHEREOF, Seller has caused this Certificate to be executed,
for and on its behalf and in its name, by the undersigned on and as of this 24th
day of May, 2004.

                                               GBC LIQUIDATING CORP.

                                               By: /s/ Steven M. Morse
                                               Name: Steven M. Morse
                                               Title: Vice President & CFO

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