FORM OF NONSTATUTORY
STOCK OPTION AGREEMENT
THIS NONSTATUTORY STOCK OPTION AGREEMENT (this “Agreement”) is entered into
effective as of , 20 (the “Grant Date”), by CRAFT BREWERS ALLIANCE, INC. , a
Washington corporation (the “Company”), and (the “Optionholder”).
A. The Company has adopted the 2007 Stock Incentive Plan (the “Plan”). Capitalized terms that are used
but not defined in this Agreement will have the meanings given those terms in the Plan.
B. The Committee has designated the Optionholder to receive a stock option under the Plan.
NOW THEREFORE, the Company and the Optionholder agree as follows:
1. Grant of the Option. The Company grants to the Optionholder a Nonstatutory Stock Option (the
“Option”) to acquire from the Company shares of Common Stock (the “Shares”) at the price of $
per share (the “Purchase Price”). The Option is subject to all of the provisions of the Plan and the
terms and conditions specified in this Agreement.
2. Term of the Option. Unless earlier terminated pursuant to the Plan, the Option will terminate on the
earliest to occur of the following: (a) the expiration of three (3) months following the date of termination of the
Optionholder’s Continuous Service for any reason other than death, Disability or Cause; (b) the expiration of one
year following the date of termination of the Optionholder’s Continuous Service by reason of death or Disability;
(c) the date of termination of the Optionholder’s Continuous Service for Cause; and (d) the tenth anniversary of
the Grant Date ( , 20 ).
3. Exercisability. Except as specified below and in Section 12.3 of the Plan, the Option will become
exercisable (a) as to twenty percent (20%) of the Shares on the first anniversary of the Grant Date, and (b) as to
an additional twenty percent (20%) of the Share