Combine first 4 ingredients, and shape into a 6-inch log; wrap in wax paper, and chill 1 hour.
Rub corn with olive oil; sprinkle evenly with salt and pepper.
Grill corn, covered with grill lid, over high heat (400° to 500°), turning often, 15 to 20 minutes or until tender. Serve with flavored butter.
Prep: 25 min., Chill: 1 hr., Grill: 20 min.