Serial Nook

My Board Chair Dismissed Me Before Selling Our Biochar Plant, Believing The Growers' Shell Supply Came With The Building, But My Signed Contract Exposed The Tons He Had Invented

The Growers Asked Quentin To Show Them The Money

Part 7 · 4 min read ·

Quentin's offer arrived on thick cream paper.

It promised $120 per dry ton through a new business called High Pass Feedstock LLC. A note said the cooperative could avoid dependence on a disgruntled middleman by approving an immediate change.

That was me, reduced to a line between the price and the signature box.

Fatima checked the business filing. Quentin was its manager.

“He's entitled to make an offer,” Ruth said. “They are entitled to see what supports it.”

We put his letter on the meeting agenda beside ours. I didn't ask anyone to hide it.

The cooperative met in a grange hall with a coffee urn near the door. Wet boots squeaked on the floor. Forty-three member farms had sent voters. Some were people I had known for years. Others knew me mostly as the name on the payment advice.

Quentin arrived with his lawyer and a new leather folder.

“I appreciate the chance to speak directly,” he said.

Fatima pointed to a chair.

“You'll have the same time as Warren.”

He talked about freedom, higher value, and moving past old disputes. He said $120 three times. A few farmers wrote it down.

I would have written it down too. A good price deserved a fair look.

Then Fatima opened the attachment.

“Your first advance is $500,000,” she said. “Where is it held?”

“Our funding group is prepared to move.”

“Which account holds the money now?”

His lawyer said funding would follow approval.

Fatima turned a page.

“Before that advance, this requires the cooperative to provide a $400,000 transport security deposit.”

The room got quiet.

“A normal startup safeguard,” Quentin said.

“For whose money?” a farmer near the stove asked.

Fatima waited for an answer. Her pencil rested on the line.

There wasn't one that made the offer better.

She read the funding letter. It expressed interest in reviewing a possible loan. It wasn't a loan approval. There was no truck contract attached, no buyer commitment, and no reserve account.

The farmer near the stove leaned forward.

“We pay four hundred thousand so you can try to pay us five hundred thousand?”

“That's an unfair summary,” Quentin said.

“Then improve it.”

Quentin looked at his lawyer. His lawyer closed the folder halfway.

Fatima thanked them and called me forward.

Our proposal paid growers $74 per dry ton. My fee stayed at nine dollars. Freight and testing were listed separately, with actual invoices available for review. There was no charge to growers for the buyer's reserve.

The supply plan still depended on the harvest. Nobody would be paid for shells that had never grown.

“You're getting your salary back too,” a woman in the second row said.

“Yes. The offer is $128,000. You should know that before you vote.”

“So why keep paying you nine dollars?”

“My company pays you before it collects from the plant. It holds the credit risk and the supply contract. My salary covers work for the plant. You can reject the extension if that arrangement no longer suits you.”

I put my company's payment history on the table, including the late plant bills it had carried.

“You don't owe me a vote because they treated me badly.”

That was the hardest thing I said all morning. I wanted them to choose me. I also wanted their choice to mean something.

Fatima explained the proposed one-year extension. It would give our agreement three years left, matching the new plant supply term. The cooperative kept its consent rights. My company kept its duties. There was no sale of the growers' contract to the plant.

Ruth had written the documents so each of us could point to the same page.

The members asked questions for another hour. What happened if a sheller closed? Who checked moisture? When could either side end the arrangement for nonpayment?

We answered with clauses, dates, and examples.

Quentin left before the ballots were counted.

The extension passed with thirty-six votes in favor, five against, and two abstentions. Fatima recorded all three numbers. She didn't call it unanimous for the sake of a nicer announcement.

The woman who had questioned my fee voted against it. Afterward, she asked for a copy of the payment schedule. I gave her one and showed her where to find the review date. We would have to earn her vote next time.

On Monday, the plant's shareholders met. Quentin and Mara lost their board seats. The new directors canceled both transaction bonuses and approved the reduced sale.

Elena sent me the signed minutes.

For the first time, the closing checklist named Pike Aggregation as an independent supplier requiring its own agreement. Somebody had finally put the right name in the right box.

That afternoon, Ruth called me to her office.

Quentin was already there with his lawyer. Between them sat a proposed settlement, open to the page headed Personal Contribution.