Plastic2Oil Inc (PTOI)

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RECITALS:

A.
Some of RockTenn’s pulp and paperboard mills generate plastics and ragger wire from the recycling of Old Corrugated Containers (“Plastic Feedstock”).

B.
Plastic Feedstock has a high heat value and other properties that make it valuable as a fuel, and JBI has developed a process to convert Plastic Feedstock into fuel.

C.
The Parties wish to have JBI convert Plastic Feedstock generated by certain RockTenn facilities into Fuel and to have JBI sell such Fuel to RockTenn for its consumption or to third parties.

D.
The Parties wish to enter into this agreement to reflect the foregoing arrangement.

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Oh, but they DO have obligations to RKT:NYSE. It's all in the legal documents they signed.