EX-2.9
Published on January 9, 2008
Exhibit
2.9
ASSIGNMENT
AND ASSUMPTION AGREEMENT
RELATING
TO STOCK PURCHASE AGREEMENT
This
Assignment and Assumption Agreement Relating to Stock
Purchase Agreement (this “Agreement”) is made as of
the 29th day of November, 2007 (“Effective Date”) by and
between Constellation Brands, Inc., a Delaware corporation
(“CBI”) and Constellation Wines U.S., Inc., a New York
corporation (“CWUS”) with respect to that certain Stock
Purchase Agreement (the “Purchase Agreement”) dated as of
November 9, 2007, by and between CBI and Beam Global Spirits & Wine, Inc., a
Delaware corporation (“Beam”). This Agreement is
being executed pursuant to Section 11.4 of the Purchase
Agreement.
For
valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, CBI and CWUS agree as follows:
CBI
hereby assigns, transfers and conveys to CWUS, effective as of
the Effective Date, all of CBI’s right, title, and interest in and to the
Purchase Agreement.
Effective
as of the Effective Date, CWUS hereby assumes and agrees to
observe and perform all of the obligations and duties of CBI under the Purchase
Agreement.
This
Assignment shall be governed by and construed in accordance with
the laws of the State of New York without regard to conflicts of laws
principles. This Agreement may be executed in any number of separate
counterparts, each of which shall collectively and separately constitute
one
agreement.
[SIGNATURE
PAGE FOLLOWS]
IN
WITNESS WHEREOF,
CBI and CWUS have caused this Agreement to be executed and delivered as of
the
Effective Date.
CONSTELLATION
BRANDS, INC.
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By:
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/s/
F. Paul
Hetterich
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Name:
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F.
Paul Hetterich
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Title:
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Executive
Vice President,
Business
Development
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CONSTELLATION
WINES U.S., INC.
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By:
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/s/
Ronald C.
Fondiller
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Name:
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Ronald
C. Fondiller
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Title:
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Senior
Vice
President
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