Loop signs License, Marketing, Services agreements for India JV with Ester

Loop Industries, Inc.

Agreements for Ester Loop Infinite (ELITe) executed Aug 13, 2026, effective Feb 4, 2026.
Loop grants ELITe exclusive, royalty-bearing license to depolymerization tech for India; royalties tiered by net sales.
Royalty/fee tiers decline at higher revenue; min/max thresholds apply once annual net sales exceed $500M.
Loop named exclusive sales/marketing representative for licensed products; Ester provides services incl. polymerization know-how.
Indefinite terms; termination for material breach, IP infringement, or payment default, with cure periods.

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