Replies to post #141154 on Plastic2Oil Inc (PTOI)

[Toxic Avenger]

You got that right. Not included, not redacted.

I'm thinking the master agreement was rushed a bit, hence the focus on ragger tail, the lack of attachments. Probably JBI wanted it out quickly.

[Johnik]

You can leave your stuff at my house and come over anytime to use it and I promise not to let anyone else use your stuff, as long as we agree in advance what room you're going to leave it in. We'll talk.

That is an oversimplification and minimization of the significance of that clause. It does not just include "your stuff." The exclusive license also extends to Plastic Feedstock and RockTenn Facility landfills where a JBI processor is installed, for purposes of producing fuel. JBI is not producing its own Plastic Feedstock and landfills.

For the purpose of facilitating JBI’s use of the License Area, subject to the terms and conditions hereinafter set forth, RockTenn hereby grants to JBI an exclusive license, that may not be terminated until the earlier of the expiration of the Term as described in an Agreement Addendum or earlier termination of this Agreement provided herein, to operate the AST System, the Pad, the Steel Shed, Plastic Feedstock from any RockTenn Facility covered by an Agreement Addendum,any RockTenn Facility landfill covered by an Agreement Addendum and the JBI Machines for the sole purpose of producing Fuel. (emphasis added)