Using a Regular License with a Third Party

We are a small button badge company.
One of our customers has purchased a regular license for a graphic image which he has incorporated into a design. He now wants to send the design to us, so that we can make about 20 badges with his design.
He will then give them away to his friends.
So he is not making any money - but, of course he is paying us for our services.
Is this permissible within the rules of a Regular License ?

If your end product including the item is going to be free to the end user then a Regular License is what you need.

Assuming they purchased from GraphicRiver - if it’s from Elements, different conditions may be applied