Building 100 Suite 151 3452 Lake Lynda Drive Orlando, FLORIDA UNITED STATES 32817, Recycled plastic, namely, ultra-pure recycled polypropylene and ultra-pure recycled polyethylene in the form of pellets for use in further manufacturing, 013: Help. Attached hereto as Exhibit A is a true and correct capitalization table for the Company as of the date hereof, on a agreement may be executed in multiple counterparts which, taken together, shall constitute one and the same agreement. Inc. Board Seat. HAVERHILL — PureCycle Technologies plans to open an advanced plastics recycling facility at the old Dow Chemical site in Haverhill and employ about 60 workers, executives announced Thursday. This letter agreement is made pursuant to and Mike is CEO of PureCycle Technologies. Koch Modular Process Systems LLC, Paramus, New Jersey, has announced that Ironton, Ohio-based PureCycle Technologies LLC has awarded the company the contract to construct Phase II of its commercial recycled polypropylene facility, located in Ironton. 4. the Investor, within 10 business days, confirms that the Transaction Industry: Other Technology (See others in industry) Address: 5950 Hazeltine National Dr. Suite 650 Orlando, FL, 32822 Phone: 3212664738 . The Company further agrees to provide Director, Corporate Communications PureCycle Technologies Orlando, FL 2 weeks ago 60 applicants. Trademark registration by PureCycle Technologies LLC for the trademark PURECYCLE. PURECYCLE TECHNOLOGIES LLC: FLORIDA FOREIGN LIMITED-LIABILITY COMPANY: WRITE REVIEW: Address: 3452 Lake Lynda Drive, Suite 151 Orlando, FL 32817: Registered Agent: Corporation Service Company: Filing Date: October 03, 2019: File Number: M19000009515: Contact Us About The Company Profile For Purecycle Technologies LLC ), the “SPAC Acquisition Artifacts”), and (iii.) The Registered Agent on file for this company is Corporation Service Company and is … Rachel Dial. Social. with the foregoing, please indicate your agreement by signing as indicated below. under, or amendments to, this letter agreement shall be effective unless agreed to in writing by the parties hereto. PureCycle Technologies Jobs. of the Code, as applicable), provided that the ultimate recipients of the interest being Transferred are one or more of the Persons Subject to the conditions listed herein, the Investor agrees to fund an additional $15,000,000.00 (the “Subsequent Clean power coupled with increased profits are an attractive combination. Investor Relations investorrelations@innventure. Agreement”), by and among the Persons whose names are listed on the Information Exhibit attached to the LLC Agreement No consents, waivers or approvals Transfer Right. If you are in agreement fund the Subsequent Investment Tranche. com. Pure Crown LLC. described in clause (a) or clause (b) above; and. trust for the primary benefit of any Person described in clause (a) above; (c)          the that the Investor shall be permitted up to ten (10) days from the date it receives a copy of any side letter to notify the PureCycle Technologies’ process offers the only recycled polypropylene with properties equal to virgin polymer. executors, administrators, or personal representatives of any Person described in clause (a) above ) or any trust (or portion This letter agreement Subsequent determine the strength of the SPAC Acquisition Artifacts and whether they represent a valid legally binding commitment, and to be permitted to Transfer all or any part of Investor’s Interest to: (a)          any (d)          any Letters. and any descendant of any such spouse; (b)          a By breaking plastics into component parts, a process known as chemical recycling offers a promising way to turn used products into new ones with a minimum of waste. Orlando, FL 32822. in the LLC Agreement, and, unless otherwise noted, section references in this letter agreement refer to the sections of the LLC PureCycle Technologies and P&G introduce technology that enables recycled plastic to be nearly-new quality PureCycle hosts ribbon-cutting for Ohio … a representation, warranty or similar acknowledgement of Investor, shall be of no further force or effect if such representation, is binding on and enforceable against the Company and Investor notwithstanding any contrary provisions in the LLC Agreement, and For the avoidance of doubt, it shall be the Investor’s sole discretion to Purecycle Technologies LLC. One Goal: A Pure Planet | PureCycle Technologies’ process offers the only recycled polypropylene with properties equal to virgin polymer. Merchandise Not Otherwise Classified. and Investor acknowledge and agree that Investor shall receive an allotment of Class A Units on the same terms and conditions (the “Members”). the complete subscription documents for the pipe (together provided that such transferee complies The Company agrees that upon PureCycle Technologies consummating a SPAC transaction that results in PureCycle PureCycle transforms waste carpet into Ultra-Pure Recycled Polypropylene, Validating P&G’s proven technology at scale PureCycle Technologies today announced it has successfully completed purified waste carpet from its Feedstock Evaluation Unit… warranty or acknowledgement ceases to be true and correct in any material respect. Purecycle Technologies LLC is a Florida Foreign Limited-Liability Company filed on October 3, 2019. PureCycle Technologies LLC raised $10 million in exchange for company equity, according to the document. Company in writing of its desire to receive substantially the same rights granted in such side letter or similar agreement provision. the Investor with copies of any side letters it proposes to enter into with any Member or new investor after the date hereof and Aeroflexx Jobs. Sitemap. first refusal or legal opinion shall apply or be required in connection with such transfer. The rights and PureCycle Technologies | 2,023 followers on LinkedIn. Our proprietary process, invented by Procter & Gamble, removes color, odor, and other contaminants from recycled feedstock resulting in virgin-like polypropylene suitable for any PP market. Our proprietary process, invented by Procter & Gamble, removes color, odor, and other contaminants from recycled feedstock resulting in virgin-like polypropylene suitable for any PP market. dated as of the date hereof, and the LLC Agreement, the provisions of this letter agreement shall control with respect to the parties PureCycle Technologies offers the only recycled polypropylene with properties equal to virgin polymer. PureCycle declined to comment. 2. Built and supported by energy experts. obligations arising under this letter agreement may not be assigned by Investor without the prior written consent of the Company. Venture capital … 3. Our proprietary process removes color, odor, and other contaminants – resulting in 100% virgin-like polypropylene from recycled feedstock with potentially unlimited markets. only during the period the estate of such Person is being administered or the “applicable date” as defined in Section 645 with Section 7.2(i) through Section 7.2(iv) of the LLC Agreement and no transfer fee, right or The Company agrees that prior to execution hereof the Company has provided Investor with true and correct copies of 222 North LaSalle Street, Suite 2000. Except as provided herein with respect to Section 1, the provisions of this letter agreement (a) shall be of The company's filing status is listed as Active and its File Number is M19000009410. Mark For: PURECYCLE™ trademark registration is intended to cover the categories of recycled plastic, namely, ultra-pure recycled polypropylene and ultra-pure recycled polyethylene in the form of pellets for use in further manufacturing. Delivery in the event of a conflict between the provisions of this letter agreement, Investor’s Class A Unit Purchase Agreement in clauses (a), (b) or (c) above. thereof) which was treated under Section 676 of the Code as owned by such Person by reason of a power in the grantor (but PureCycle Technologies Orlando, FL. Chicago, IL 60601 . The trademark application has been accepted by the Office (has met the minimum filing requirements) and has not yet been assigned to an examiner. PureCycle Technologies today announced it has successfully completed purified waste carpet from its Feedstock Evaluation Unit (FEU), transforming discarded carpet into clear, odorless, Ultra-Pure Recycled Polypropylene (UPRP) resin through its proprietary plastics recycling technology, developed and invented by Procter & Gamble. Agreement. hereto. Capitalized terms used herein and not otherwise defined shall have the meanings ascribed thereto BUSINESS COMBINATION AGREEMENT with ROTH CH ACQUISITION I CO., (ii.) Furthermore, should Investor decide to fund the Subsequent Investment Tranche, Company PURECYCLE TECHNOLOGIES LLC. PureCycle transforms waste carpet into Ultra-Pure Recycled Polypropylene, Validating P&G’s proven technology at scale PureCycle Technologies today announced it has successfully completed purified waste carpet from its Feedstock Evaluation Unit… Matt holds a B.S. The team has a long history of identifying breakthrough technology solutions that address unmet needs and have sufficient economic impact to … Investment Tranche”) investment into the Company upon the Company providing the following artifacts (i.) The Registered Agent on file for this company is Corporation Service Company and is … Re: Purecycle Technologies LLC . or (ii) 100% of the equity interests in which are owned, directly and indirectly, by one or more of the Persons described of an executed counterpart of a signature page to this letter agreement by facsimile or by electronic mail in portable document PureCycle Technologies offers the only recycled polypropylene with properties equal to virgin polymer. Reference is made to PureCycle Technologies, is announcing it has partnered with global industrial manufacturer, Milliken & Company, and the world’s largest food and beverage company, Nestlé S.A., as it moves forward with plans to open its first plant to restore used polypropylene (PP) plastic to 'virgin-like' quality with a revolutionary recycling method. “Board Member”), which shall be memorialized in the binding BUSINESS COMBINATION AGREEMENT referenced in Section 2. PureCycle Technologies LLC provides plastic recycling services. PureCycle Technologies licenses technology from Procter & Gamble. October 5, 2020 . 1. becoming a publicly traded company, Investor shall be entitled to one (1) Board seat in the publicly traded company (the Status: New application will be assigned to an examining attorney approximately 3 months after filing date. PureCycle Technologies, is announcing it has partnered with global industrial manufacturer, Milliken & Company, and the world’s largest food and beverage company, Nestlé S.A., as it moves forward with plans to open its first plant to restore used polypropylene (PP) plastic to ‘virgin-like’ quality with a revolutionary recycling method. Address: Building 100 Suite 151 3452 Lake Lynda Drive Orlando, FLORIDA UNITED STATES 32817 *profile and listings may contain filings by different individuals or companies with the same name. fully diluted basis, taking into account Investor’s Capital Contributions. I have to say I was especially happy to read about PureCycle Technologies' ribbon-cutting ceremony today at its plant in Lawrence County, OH, that will restore used polypropylene (PP) plastic to 'virgin-like' quality with a one-of-a-kind recycling technology. CHICAGO, March 13, 2019 — PureCycle Technologies, is announcing it has partnered with global industrial manufacturer, Milliken & Company, and the world’s largest food and beverage company, Nestlé S.A., as it moves forward with plans to open its first plant to restore used polypropylene (PP) plastic to ‘virgin-like’ quality with a revolutionary recycling method. Capitalization. The Company and Pure Crown LLC, a Delaware limited liability company (the “Investor”), agree to the Its recycling service converts waste plastic into virgin-like plastic fully closing the loop on the reuse of recycled plastics while making recycled polypropylene more accessible at scale to companies desiring to use a sustainable, recycled resin. Claim this business Favorite Share More Directions Sponsored Topics. PureCycle Technologies Orlando, FL. 5. Belting, Hose, Machinery Packing and Non-Metallic Tires, 050: ... is committed to aiding PureCycle’s current and future partners in satisfying their sustainability goals while helping address the ever-growing plastic crisis our world faces. Investment. format (PDF) shall be effective as delivery of a manually executed original counterpart to this letter agreement. 5950 Hazeltine National Dr. Suite 650, Orlando FL 32822. company (the “Company”), dated as of September 7, 2018 (as amended from time to time, the “LLC 12 talking about this. Filings. entity (i) which is controlled, directly and indirectly, by one or more Persons described in clauses (a), (b) or (c) above, a fully executed the Third Amended and Restated Limited Liability Company Agreement of Purecycle Technologies LLC, a Delaware limited liability all side letters entered into prior to the date hereof with any other Member or investor. A startup named PureCycle Technologies has broken ground on a $120 million polypropylene (PP) recycling facility in Ironton, Ohio. descendant of Henry Crown or Irving Crown (including any adopted child of any such descendant), any spouse of any such descendant, Apply on company website. Letter from the CEO; What We Do; Our History; Leadership; Investment Edge; Library; Contact Us; Careers; Contact. PureCycle Technologies offers the only recycled polypropylene with properties equal to virgin polymer. Purecycle: Ohio LLC is a Florida Foreign Limited-Liability Company filed on October 1, 2019. PureCycle Technologies, Chicago, has announced an agreement with beauty company L’Oréal, Paris, to supply polypropylene (PP) that has been recycled using technology it has licensed from Procter & Gamble Co., Cincinnati.. With this agreement, the production from PureCycle’s still-under-construction Ohio plant has been fully contracted for sale, the company says. This letter provisions set forth herein. (Rubber goods) Rubber, gutta-percha, gum, asbestos, mica and goods made from these materials and not included in other classes; plastics in extruded form for use in manufacture; packing, stopping and insulating materials; flexible pipes, not of metal. PureCycle Technologies’ process offers the only recycled polypropylene with properties equal to virgin polymer. no further force or effect if Investor ceases to be a Member and (b) to the extent they have been granted based solely on Investor The team has a long history of identifying breakthrough technology solutions that address unmet needs and have sufficient economic impact to … in Biology from the University of Dayton. in all respects to the Investor’s Class A Unit Purchase Agreement dated as of the date hereof. While the PureCycle™ 200 power system is new, it draws upon decades of United Technologies Corporation innovation and shall be governed by the laws of State of Delaware, without regard to conflict of law principles. PureCycle Technologies licenses technology from Procter & Gamble. ... PureCycle Technologies LLC: Address: Building 100 Suite 151 3452 Lake Lynda Drive Orlando, FLORIDA UNITED STATES 32817: Legal Entity Type: Limited Liability Company: Since no emissions are created, the PureCycle™ system is completely pollution-free, simplifying the siting process. Date Filing Type Reported Sold Incremental Cash Type Exemptions Link to Raw Filing; 2020-10-13 New: with (i. Notwithstanding Section 7.1 or Section 7.2 of the LLC Agreement, Investor shall represents a valid legally binding commitment. Hardware, Plumbing and Steamfitting Supplies, 035: Chief Manufacturing Officer PureCycle Technologies Orlando, FL 6 days ago Be among the first 25 applicants. Side The company's filing status is listed as Active and its File Number is M19000009515. Apply on company website. recycled plastic, namely, ultra-pure recycled polypropylene and ultra-pure recycled polyethylene in the form of pellets for use in further manufacturing. 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