Exhibit 10.1 Amendment No. 5 To The Canandaigua Wine Company, Inc. Stock Option And Stock Appreciation Right Plan Pursuant to Paragraph 15 of the Canandaigua Wine Company, Inc. Stock Option and Stock Appreciation Right Plan (the "Plan"), the Board of Directors hereby amends the Plan, effective upon the date hereof, as set forth below. Paragraph 17 of the Plan is hereby amended and restated in its entirety as follows: 17. Administration. The Plan shall be administered by the Committee as it may be constituted from time to time. The Committee shall consist of at least two members of the Board selected by the Board, all of whom shall be Disinterested Persons. A Disinterested Person for purposes of the Plan is one who is not, during the one-year period prior to service on the Committee, or during such service, granted or awarded equity securities pursuant to the Plan or pursuant to any other plan of the Company. Decisions of the Committee concerning the interpretation and construction of any provisions of the Plan or of any option or SAR granted pursuant to the Plan shall be final. The Company shall effect the grant of options and SARs under the Plan in accordance with the decisions of the Committee, which may, from time to time, adopt rules and regulations for carrying out the Plan. For purposes of the Plan, an option or an SAR shall be deemed to be granted when the written agreement for the same is signed on behalf of the Company by its duly authorized officer or representative. Subject to the express provisions of the Plan, the Committee shall have the authority, in its discretion and without limitation: to determine the individuals to receive options and SARs, whether an option is intended to be an incentive stock option or a non-statutory stock option, the times when such individuals shall receive such options or SARs, the number of Shares to be subject to each option or SAR, the term of each option or SAR, the date when each option or SAR shall become exercisable, or when each SAR will mature, whether an option or SAR shall be exercisable or mature in whole or in part in installments, the form in which payment of an SAR will be made (i.e., cash, Shares, or any combination thereof), the number of Shares to be subject to each installment, the date each installment shall become exercisable or mature, the term of each installment and the option price of each option, to accelerate the date of exercise of any option or SAR or installment thereof, and to make all other determinations necessary or advisable for administering the Plan. IN WITNESS WHEREOF, Canandaigua Wine Company, Inc. has caused the instrument to be executed on February 10, 1994. CANANDAIGUA WINE COMPANY, INC. By: /s/ Richard Sands _________________________ Its: President