Chubby Mommy: Scheming Daddy, Surrender Now!-Chapter 293: The Willful Boss

At noon, everyone went to the pre-agreed restaurant for a big meal, and in the afternoon, they had a meeting together.

Howard needed to understand Nirvana’s product positioning and Ruby Sullivan’s company planning direction, as well as the new product launch timeline. Since he was here, he could do some market work before the samples came out.

If time permitted, a detailed plan could be made first to outline the funding allocation.

The next step was hiring, at least needing an HR to handle salaries, taxes and other trivial matters, while financial work, since expenses needed to be saved in the early stage, was to be solely undertaken by Howard for now.

The three girls watched Howard draw plans on the presentation board, suddenly feeling that their small studio had become much more upscale.

The meeting lasted two hours, but it was high-energy throughout; everyone contributed intensively based on their foundations, making the two hours very effective.

After the meeting, Ruby Sullivan kept Howard in the conference room for a chat, actually wanting to know more about The Sullivan Group’s situation.

"Last week Rhonda Sullivan made a high-profile return to The Sullivan Group. Now she has secured all the B-shares previously under President Sullivan Sr.’s name, as well as all the A-shares you had taken back by President Sullivan Sr.; she’s now firmly in charge there. Plus, the top management had always had complaints about me, the young, parachuted CEO, and since I was only Mr. Sterling’s assistant before, Rhonda’s return quickly gained their approval. I was pushed out right after handing over my work."

He finished and sighed deeply, looking rather relaxed.

To him, The Sullivan Group was a hot potato, a mission assigned by Mr. Sterling. If done poorly, it showed his lack of capability, and even if done well, there wasn’t much benefit. But if there had to be something useful, it was that it definitely proved he hadn’t wasted his years by Boss Sterling’s side.

Ruby Sullivan’s mind flashed with Rhonda Sullivan’s arrogant face and her father’s desperate pleading, suddenly making her heart sink in sorrow, her gaze becoming heavy, "Five years, I hope in five years, Nirvana can be capable of acquiring The Sullivan Group."

Howard knew that if Nirvana could rely on The Sterling Group, they could dominate domestically in no more than a year, and it could take just another year to reestablish Wenny’s reputation in the international market. 𝒻𝓇𝑒𝘦𝘸𝑒𝒷𝓃ℴ𝑣𝘦𝑙.𝒸ℴ𝘮

But Ruby Sullivan would give herself five years, not because she wanted to relax her standards or didn’t understand the company’s development, but because besides this initial capital, she didn’t want to rely on Ethan Sterling’s power.

Howard had always understood Ruby Sullivan’s ambition and believed she had the capability. Nirvana was a new challenge for him as well. He believed that, with him there, it wouldn’t take five years to achieve the boss’s goal.

"Absolutely, we’ll make it," Howard said with utmost determination.

Ruby Sullivan smiled at him, "Thank you, you can go now. I need to think about some things." After Howard left, she sat in front of the computer and drafted a company equity transfer document.

Though she had verbally told Claire and Tina that everyone was a shareholder, sharing fortunes and misfortunes, it hadn’t been formalized in a contract. Now, she was waiting for the last responsible person, and it was time to set these proper things in order.

For the long-term, Ruby Sullivan also planned to structure Nirvana’s equity as AB shares. She had studied many tomes in recent times, and although she couldn’t use these concepts as freely as Ethan Sterling, she still kept some important ideas in mind.

Ruby Sullivan had thought about this for a long time, so she quickly finalized the equity transfer ratios: Claire and Tina would have 5% each of AB shares, while Howard would hold 5% A shares and 10% B shares.

At this stage, these numbers might not seem much, but when Nirvana develops, these numbers will be tied to each person’s income and the speaking rights in the company.

After drafting, she contacted The Sterling Group’s legal advisor, Peter Rhodes, online.

Based on a frugal principle, she didn’t hire a lawyer who charged by the minute but rather tapped into The Sterling Group’s top lawyer, Peter Rhodes.

Ruby Sullivan had ambition; although she now relied on hugging a big leg and taking advantage of The Sterling Group, when she had the money, she would certainly repay multiple times over.

Before getting off work, Ruby Sullivan gathered the three and separately handed over each person’s equity transfer agreement.

Theoretically, these matters shouldn’t be handled in an openly transparent way. It’s because of the viewpoint Ruby Sullivan had always maintained, which was to never test human nature.

Even though the studio’s atmosphere was great and everyone was holding hands, once interests were involved, comparisons would certainly arise. Anyone who didn’t get the most would feel insufficient, which was also why companies demanded salary confidentiality.

But Ruby Sullivan thought about it for a long time and decided to be willful once.

Since she chose these few to conquer the world with her, she decided to deliver complete trust and hoped they would reciprocate. Although she didn’t know how long such a bond could last, she thought this was worth the risk.

She handed everyone their contracts and directly stated the equity shares recorded in them.

"If anyone has any objection to the shares, you can speak up now. Please don’t hold a grudge in your heart," Ruby Sullivan said with great seriousness.

In reality, only Howard fully understood the significance of the contract; Claire and Tina were simply grinning without understanding its value; they just felt it was grandiose.

So Howard was the first to speak up, "Boss, are you sure you want to do this? I think the studio is still in the early stages, not quite suited for equity allocation just yet."

Ruby Sullivan laughed, "Don’t shake me; I also made a big decision. I’ve never been a boss, don’t know when’s appropriate to discuss this, but I know this is the most sincere guarantee I can give you now."

"Since you put it this way..." Howard took out a pen, signed the last page, and stamped his fingerprint.

Claire and Tina originally didn’t think much, but after listening to the conversation between Howard and the boss, they realized the contract seemed significant. Claire nudged Tina, who weakly asked, "What’s the meaning of A-shares and B-shares?"

"Simply put, it’s a protective mechanism to prevent power dilution during future company financing. A-shares are mainly for dividends but have only a low voting right, while B-shares have substantial speaking rights,"

Ruby Sullivan explained.

Claire exclaimed, "So after signing, I’m a Nirvana shareholder?"

"Yes," Ruby Sullivan smiled.

Tina was moved to tears, "Although I still don’t quite understand, I feel like I’m a step closer to becoming part of a wealthy family, a bit excited."

"Then hurry up and sign," Ruby Sullivan looked at the two naïve girls, feeling that her willfulness was totally worth it.