Member agreement

1. What this is

You are joining a consumer cooperative. You contribute capital, the
cooperative uses it to buy coffee processing equipment for farms, those farms
repay it, and you receive coffee.

2. Your capital

Your capital is returned at par. Par means the same number you put in — not
more. It earns no interest, pays no dividend, and does not appreciate. It is
not a share, it cannot be sold or transferred to anyone else, and it gives you
no claim on any profit of the cooperative.

If the cooperative does well, your capital does not grow. This is deliberate.
It is what keeps this a cooperative membership rather than an investment, and
you should not join expecting otherwise.

3. Your capital is at risk

If farms do not repay, if equipment is lost, or if the cooperative fails, you
may get back less than you put in, or nothing. There is no guarantee, no
insurance on your capital, and no government protection scheme covering it.

Money in this cooperative is illiquid. It is not a savings account and you
cannot treat it as one.

4. Getting it back

Give 90 days notice and your capital is returned at par, subject to one
condition: the cooperative must hold enough cash. It maintains a liquidity
floor for this reason, but a floor is a target, not a promise. If there is not
enough cash on the day, you remain in the queue and are paid when there is.

The cooperative will not pay a departing member out of a joining member's
money as a matter of course. That practice is how cooperatives fail.

5. What you receive

Members receive coffee at no charge, within an allowance set by the size of
membership chosen. Coffee is a patronage benefit — goods supplied at cost to
members — and not a distribution of profit or a return on capital.

Allowance accrues monthly and is capped. Unclaimed coffee does not accumulate
indefinitely and is not exchangeable for money.

6. Dues

Dues are separate from capital and are not refundable. They pay for roasting,
packaging and postage, and they are spent on your behalf during your term.

7. Your vote

One member, one vote, regardless of how much capital you contributed. A member
with six bags a month has exactly the same vote as a member with one.

8. What we do with your money

Capital is held separately from the cooperative's operating cash. It is used to
purchase equipment supplied to farms on deferred payment terms. The cooperative
does not lend money to farms and does not operate as a lender.

9. Ending your membership

You may give notice at any time. The cooperative may end a membership for
non-payment of dues or for conduct that harms other members, and will return
capital at par on the same terms.

10. Changes

If this agreement changes, you will be asked to accept the new version. The
version you accepted, and the exact text of it, is recorded and available to
you at any time.

11. Records

The cooperative keeps a double-entry ledger of every movement of money. Your
own statement is available to you in full, at any time, without asking.