You know that your friend needs VST Transit Join to use VST Transit with other DAWs than Cubase/Nuendo, do you?
This doesn’t require an eLicenser.
As for VST Transit with Cubase Elements, sorry, that won’t work. “To use VST Transit, it is necessary to have a valid Cubase Pro 8.5/Cubase Artist 8.5 (or higher) license available and registered with your MySteinberg account.”