EXHIBIT 10.1
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AMENDMENT NUMBER THREE
TO THE
CANANDAIGUA BRANDS, INC.
LONG-TERM STOCK INCENTIVE PLAN
This Amendment Number Three to the Canandaigua Brands, Inc. Long-Term Stock
Incentive Plan, as amended (the "Plan"), is adopted pursuant to Section 19 of
the Plan by the Human Resources Committee of the Board of Directors of
Canandaigua Brands, Inc. Capitalized terms used herein, which are not otherwise
defined, shall have the meanings ascribed to them in the Plan.
1. Section 14 of the Plan is amended, effective June 21, 2000, by deleting
the second sentence of the first paragraph of such section and substituting in
its place the following:
All Awards or any portion thereof not yet vested or exercisable on the
date of Retirement, Disability or death shall become immediately
vested and exercisable on the date of termination due to Retirement,
Disability or death (except as otherwise provided by the Committee or
an employment agreement between the Company and the Participant).
IN WITNESS WHEREOF, Canandaigua Brands, Inc. has caused this instrument to
be executed as of June 21, 2000.
CANANDAIGUA BRANDS, INC.
By:/s/Richard Sands
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Richard Sands, President
