from SC 13D/A
1 page
<page> Exhibit 1 Founders Food & Firkins Ltd. Public Offering of Units June ___, 2000 R. J. Steichen & Company One Financial Plaza 120 South Sixth Street Minneapolis, Mn 55402 Ladies and Gentlemen: This Letter Is Being Delivered to You in Connection With the Underwriting Agreement (The "Underwriting Agreement") Between Founders Food & Firkins Ltd., a Minnesota Corporation (The "Company"), and You, as the Underwriter Named in the Underwriting Agreement, Relating to an Underwritten Public Offering of Units ("Units") of the Company, Each Unit Consisting of One Share of Common Stock ("Common Stock") and One Redeemable Class a Warrant to Purchase One Share of Common Stock (The "Warrant"). in Order to Induce You to Enter Into the Underwriting Agreement, the Undersigned Officer and Director of the Company Agrees That, Without Your Prior Express Written Consent, the Undersigned Will Not Offer, Sell, Contract to Sell, Grant Any Option to Purchase, or Otherwise Dispose Of, or Arrange for the Contingent Disposition of Any Registered or Unregistered Equity Securities of the Company or Any Securities Convertible Into, or Exercisable or Exchangeable For, Registered or Unregistered Equity Securities of the Company (Except by Gift to a Donee Who Agrees to Be Bound by the Terms Hereof and Except for the Bona Fide Pledge of Such Securities to a Pledgee Who Agrees to Be Bound by the Terms Hereof) for the Period of One (1) Year After the Date That the Registration Statement Relating to the Sale of the Units Has Been Declared Effective by the Securities and Exchange Commission. If, for Any Reason, the Underwriting Agreement Shall Be Terminated Prior to the First Closing Date (As Defined in the Underwriting Agreement), the Agreement Set Forth Above Shall Likewise Be Terminated. Very Truly Yours, [Name] [Title] Page 17 of 17 Pages
