Big Buck Brewery & Steakhouse Inc – ‘10KSB’ for 1/2/00 – EX-10.11

On:  Friday, 3/31/00   ·   For:  1/2/00   ·   Accession #:  912057-0-15696   ·   File #:  0-20845

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Annual Report — Small Business   —   Form 10-KSB
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10KSB       Annual Report -- Small Business                       48    261K 
 3: EX-10.11    Material Contract                                      2     13K 
 4: EX-10.12    Material Contract                                      5     24K 
 5: EX-10.27    Material Contract                                      5     22K 
 6: EX-10.28    Material Contract                                      4     21K 
 7: EX-10.29    Material Contract                                      5     24K 
 8: EX-10.30    Material Contract                                      5     25K 
 9: EX-10.31    Material Contract                                      5     25K 
10: EX-10.32    Material Contract                                      5     25K 
11: EX-10.33    Material Contract                                      3     16K 
12: EX-10.34    Material Contract                                      2     14K 
13: EX-10.35    Material Contract                                      3     17K 
14: EX-10.36    Material Contract                                     19    106K 
15: EX-10.37    Material Contract                                      4     26K 
16: EX-10.38    Material Contract                                      6     35K 
17: EX-10.39    Material Contract                                      6     30K 
 2: EX-10.7     Material Contract                                      2     12K 
18: EX-23.1     Consent of Experts or Counsel                          1      9K 
19: EX-23.2     Consent of Experts or Counsel                          1      9K 
21: EX-27       Financial Data Schedule (Pre-XBRL)                     2      9K 
20: EX-99       Miscellaneous Exhibit                                  9     50K 

EX-10.11   —   Material Contract
Exhibit Table of Contents

EX-10.11
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                                                                   EXHIBIT 10.11

 AMENDMENT
TO
 LEASE AGREEMENT

      THIS AMENDMENT is made and entered into this 26th day of January, 2000, by
and between Michael G. Eyde ("Landlord") and Big Buck Brewery & Steakhouse, Inc.
("Tenant").                                                                     

R E C I T A L S:

    WHEREAS, the Landlord and the Tenant entered into a Real Estate Purchase
and Leaseback Agreement, dated August 1, 1997, relating to the premises, legally
described therein, at 2550 Takata Drive, Auburn Hills, Michigan 49501 (the      
"Auburn Hills Site");                                                           

    WHEREAS, the Landlord and the Tenant entered into a Lease Agreement (the
"Lease Agreement"), dated October 1, 1997, pursuant to which the Landlord leases
to the Tenant and the Tenant rents from the Landlord the Auburn Hills Site;     

  WHEREAS, the Landlord and the Tenant desire to enter into an agreement
pursuant to which the Landlord will provide the Tenant with the estoppel letter 
required to enable the Tenant to pursue a pending transaction in consideration  
of the Tenant's agreement (i) to extend the duration of the Landlord's Sale     
Option (as defined in the Lease Agreement) from three years to four years and   
(ii) to adjust the denominator in the formula used to calculate the number of   
shares issuable upon the Landlord's exercise of the Stock Option (as defined in 
the Lease Agreement) from $5.00 to $4.00.                                       

    NOW, THEREFORE, in consideration of the premises and agreement set forth
herein, the parties hereto agree as follows:                                    

   1.    ESTOPPEL LETTER. The Landlord will provide the Tenant, concurrent
            with the execution of this Amendment, an estoppel letter in the form
attached hereto as Exhibit A.                           

    2.    OPTION TO SELL. The first sentence of Article 16.2(a) of the Lease
        Agreement shall be restated as follows: "Landlord shall have the
      right to require Tenant to purchase the Premises from Landlord
        ("Sale Option") by giving written notice from Landlord to Tenant
            (the "Sale Option Notice") given at any time prior to the end of the
            fourth full Lease Year of the term of the Lease." The first sentence
      of Article 16.2(c) of the Lease Agreement shall be restated as
      follows: "The Stock Option shall entitle Landlord to acquire a
    number of shares of common stock of the Tenant determined by
       dividing (i) the aggregate amount of the Purchase Price for the
     Premises to be canceled by (ii) $4.00." The first sentence of
      Article 16.2(d)(1) of the Lease Agreement shall be restated as
        follows: "The Stock Option may be exercised only upon Landlord's
    exercise of the Sale Option during the period (the "Exercise
         Period") beginning on the date of the execution of this Lease and
           ending on the fourth anniversary of this Lease, upon which it shall
            expire." The first phrase of Article 16.2(f)(2)(c) shall be restated
           as follows: "Landlord shall deliver to the Tenant an acknowledgment
           in writing that the shares have not been registered pursuant to the
         Securities Act of 1933 or any applicable state securities law..."

[SIGNATURE PAGE FOLLOWS]

EX-10.11
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      IN WITNESS WHEREOF, the parties hereto have executed this Amendment on the
date first above written.                                                       

LANDLORD:                             TENANT:                                   
MICHAEL G. EYDE                       BIG BUCK BREWERY & STEAKHOUSE, INC.       

/s/Michael G. Eyde                    By /s/ William F. Rolinski                
----------------------------             -------------------------------------  
Michael G. Eyde                          William F. Rolinski                    
                                       President and Chief Executive Officer

2 

Dates Referenced Herein

				Referenced-On Page
This ‘10KSB’ Filing		Date		First		Last			Other Filings
Filed on:		3/31/00							None on these Dates
For Period End:		1/2/00
		10/1/97		1
		8/1/97		1
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