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
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 Leas