Sustainability Partners LLC v. Joel Jacobs

CourtCourt of Chancery of Delaware
DecidedJune 11, 2020
DocketC.A. 2019-0742-SG
StatusPublished

This text of Sustainability Partners LLC v. Joel Jacobs (Sustainability Partners LLC v. Joel Jacobs) is published on Counsel Stack Legal Research, covering Court of Chancery of Delaware primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Sustainability Partners LLC v. Joel Jacobs, (Del. Ct. App. 2020).

Opinion

IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE

SUSTAINABILITY PARTNERS LLC, ) ) Plaintiff, ) ) v. ) C.A. No. 2019-0742-SG ) JOEL JACOBS, ) ) Defendant. )

MEMORANDUM OPINION

Date Submitted: March 20, 2020 Date Decided: June 11, 2020

Kathleen M. Miller and Jason Z. Miller, of SMITH, KATZENSTEIN & JENKINS LLP, Wilmington, Delaware, Attorneys for Plaintiff.

Jeffrey Goddess, of COOCH AND TAYLOR, P.A., Wilmington, Delaware: OF COUNSEL: Robert A. Goodin, of GOODIN, MACBRIDE, SQUERI & DAY, LLP, San Francisco, California, Attorneys for Defendant.

GLASSCOCK, Vice Chancellor This action contains an unusual issue of personal jurisdiction. The Defendant,

Joel Jacobs, had been an at-will employee of the Plaintiff, Sustainability Partners

LLC (“SP” or the “Company”). His employment was terminated; shortly thereafter,

he was engaged by the Company as an independent contractor. The Company

presented Jacobs with a form of independent contractor agreement. Jacobs was

unsatisfied with the agreement, and declined to enter it, expressing that whatever

agreement the parties reached should include a substantial equity transfer to Jacobs.

Jacobs continued to work for the Company for a little more than a year as an

independent contractor, at which point he was fired for disparaging SP. After his

termination, Jacobs communicated to the Company that he considered SP in breach

of a purported oral agreement (the “Oral Agreement”) to transfer equity to him, made

by SP’s CEO.

The Plaintiff—the natural defendant of a breach of contract action based on

the Oral Agreement—brought this declaratory judgment action, seeking a

declaration that Jacobs has no rights under the Oral Agreement. 1 Jacobs, a California

resident, has moved for dismissal on the ground that this Court is without personal

jurisdiction over him. The only ground on which the Company asserts personal

jurisdiction is through the forum selection clause in its Operating Agreement, which

1 As described below, I dismissed a second request for declaratory judgment—that Jacobs is not an equity holder in the Plaintiff—from the bench after oral argument as moot.

1 provides for a Delaware forum. The Plaintiff’s theory is that if Jacobs had an

enforceable agreement to receive equity, as he contends, as an equity holder he

would be subject to the Operating Agreement and its forum selection clause;

therefore, he should be deemed to have consented to Delaware jurisdiction. It notes

that, as the party to a prior equity agreement—which never vested—Jacobs was a

signatory to a prior version of the Operating Agreement, and was well aware of its

forum selection clause. Jacobs asserts that he does not contend that he is an equity

holder in SP, nor has he or will he assert a right to specific performance of the Oral

Agreement. He only seeks damages for breach of the Oral Agreement.

Thus the parties’ positions as to jurisdiction are as turned about as is their

status as Plaintiff and Defendant. The Company denies that any agreement exists

under which Jacobs was entitled to equity. It maintains that had the Oral Agreement

existed, however, it would have provided (via the Operating Agreement) for

Delaware jurisdiction. As a consequence, per SP, it may hale Jacobs into this Court

to defend against its assertion that the Oral Agreement does not exist. Jacobs,

conversely, claims that he was entitled to equity in SP, but that he never received it.

Therefore, he argues, he is not an equity holder subject to the Operating Agreement,

and has not submitted to Delaware jurisdiction thereby.

An agreement to litigate in Delaware can serve as a consent to the jurisdiction

of this Court. However, on examination of the allegations here, I note that neither

2 party is asserting that Jacobs is a party to the Operating Agreement. Instead, the

Plaintiff argues that the consequence of the Oral Agreement as asserted by Jacobs—

the existence of which the Company denies—is that Jacobs has consented to

Delaware jurisdiction. Such a decision would, to my mind, contain more of

metaphysics than jurisprudence. For the reasons that follow, I find that this Court

lacks personal jurisdiction over Jacobs; accordingly, the matter is dismissed.

I. BACKGROUND 2

A. The Parties

Plaintiff SP is a Delaware limited liability company with its principal place of

business in Arizona. 3

Defendant Jacobs is a former employee of SP and a resident of California.4

B. Factual Background

SP’s predecessor, GSV Sustainability Partners, Inc. (“GSV”), hired Jacobs on

February 3, 2016 as an independent consulting contractor.5 In July 2016, SP was

formed and purchased all GSV’s assets. 6 A month later, in August 2016, SP entered

2 I draw all facts from the Plaintiff’s Verified Amended Complaint for Declaratory Relief, D.I. 6 (“Am. Compl.”) and documents incorporated therein. As discussed further below, all well-pled facts are considered true for the sake of this motion. 3 Am. Compl., ¶ 4. 4 Id. ¶¶ 5, 17. 5 Id. ¶ 17. 6 Id. ¶ 8.

3 an employment agreement with Jacobs (the “Employment Agreement”). 7 At the

same time as he entered the Employment Agreement, Jacobs executed an At-Will

Employment, Confidential Information and Invention Assignment Agreement (the

“Confidentiality Agreement”), and an Equity Grant Agreement (the “Equity Grant

Agreement”).8

The Equity Grant Agreement entitled Jacobs to 471 Class C Units vesting over

the course of the next four years. 9 Vesting would cease upon termination.10 SP’s

operating agreement (the “Operating Agreement”) contains several requirements

related to issuing membership units, including Class C Units. The Operating

Agreement states that “[t]he rights and obligations of holders of Class C Units . . .

shall be as set forth in the Securityholders Agreement and the Management

Subscription Agreement by which such Class C Units are awarded and, to the extent

applicable, this Agreement. . .” 11 The Operating Agreement defines “Management

7 Id. ¶ 17. 8 Id. The Equity Grant Agreement was governed by Delaware law. Id. ¶ 21. Although not included in the Complaint, SP states in its briefing that “in connection with an equity grant in 2016 . . . Jacobs signed the Amended and Restated Limited Liability Company Agreement, dated as of August 22, 2016.” Pl.’s Answering Br. in Opp’n to Def.’s Mot. to Dismiss, D.I. 9 (“Pl.’s Answering Br.”), at 2–3. In other words, Jacobs signed a previous version of the Company’s operating agreement, which the current version subsequently superseded. Pl.’s Answering Br., at 2–3. He did not sign the current version of the operating agreement. Pl.’s Answering Br., at 3 (“[Plaintiff] agree[s] that [Jacobs] did not sign the SP Operating Agreement after the alleged oral agreement in July 2017. . .”). 9 Am. Compl., ¶ 19. 10 Id. ¶ 20. 11 Id. ¶ 10.

4 Subscription Agreement” as “any and all of the subscription agreements,

contribution agreements, grant agreements or other similar agreements pursuant to

which the Company may issue any Membership Interest to any of its Subsidiaries’

officers, managers, directors, employees, consultants or independent contractors of

the Company . . . .” 12 The Operating Agreement further provides that “[a]ll

Membership Interests shall be represented by Units.”13 In short, an owner of SP’s

equity becomes a member subject to the Operating Agreement and must enter a

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Sustainability Partners LLC v. Joel Jacobs, Counsel Stack Legal Research, https://law.counselstack.com/opinion/sustainability-partners-llc-v-joel-jacobs-delch-2020.