Filed by Automated Filing Services Inc. (604) 609-0244 - Papertradex (US) Inc. - Exhibit 10.14






EXHIBIT 10.14

THE SECURITIES OFFERED HEREBY HAVE NOT BEEN REGISTERED UNDER
THE SECURITIES ACT OF 1933 (THE "ACT"), AND ARE PROPOSED TO BE ISSUED IN
RELIANCE UPON AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE ACT
PROVIDED BY REGULATION S PROMULGATED UNDER THE ACT. UPON ANY SALE, SUCH
SECURITIES MAY NOT BE REOFFERED FOR SALE OR RESOLD OR OTHERWISE TRANSFERRED
EXCEPT IN ACCORDANCE WITH THE PROVISIONS OF REGULATION S, PURSUANT TO AN
EFFECTIVE REGISTRATION UNDER THE ACT, OR PURSUANT TO AN AVAILABLE EXEMPTION FROM
REGISTRATION UNDER THE ACT. HEDGING TRANSACTIONS INVOLVING THE SECURITIES MAY
NOT BE CONDUCTED UNLESS IN COMPLIANCE WITH THE ACT. 

REGULATION S SUBSCRIPTION AGREEMENT

THIS AGREEMENT is made effective as of the ______ day of
______________, 2005.

BETWEEN:

THE SUBSCRIBER LISTED ON THE
EXECUTION PAGE TO THIS AGREEMENT

(hereinafter called the
"Subscriber")

OF THE FIRST PART

AND:

Censox Technologies
Inc.,
a Nevada corporation

(hereinafter called the “Company")

OF THE SECOND PART

THE PARTIES HEREBY AGREE AS FOLLOWS:

	1. 	DEFINITIONS 


1.1      The following terms will have
the following meanings for all purposes of this Agreement.

	 	(a) 	
      "Agreement" shall mean this Agreement, and all schedules
      and amendments to in the Agreement.

	 	 	 
	 	(b) 	
      “Common Stock” means the Common Stock of the Company, par
      value $0.001 per share.

	 	 	 
	 	(c) 	
      "Disclosure Statement" shall mean the disclosure
      statement prepared by the Company in connection with the Offering, a copy
      of which has been given to the Subscriber prior to the execution of this
      Agreement.

	 	 	 
	 	(d) 	
      "Exchange Act" shall mean the United States Securities
      Exchange Act of 1934, as amended.







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	 	(e) 	
      “Subscriber” shall mean the Subscriber executing the
      signature page to this Agreement.

	 	 	 
	 	(f) 	
      "Offering" shall mean the offering of the Shares by the
      Company.

	 	 	 
	 	(g) 	
      “Purchase Price” means the purchase price payable by the
      Subscriber to the Company in consideration for the purchase and sale of
      the Shares in accordance with Section 2.1 of this Agreement.

	 	 	 
	 	(h) 	
      "SEC" shall mean the United States Securities and
      Exchange Commission.

	 	 	 
	 	(i) 	
      "Securities Act" shall mean the United States Securities
      Act of 1933, as amended.

	 	 	 
	 	(j) 	
      "Shares" means those Common Stock to be purchased by the
      Subscriber;



1.2      All dollar amounts referred
to in this agreement are in United States funds, unless expressly stated
otherwise.

	2. 	PURCHASE AND SALE OF SHARES
  


2.1      Subject to the terms and
conditions of this Agreement, the Subscriber hereby subscribes for and agrees to
purchase from the Company such number of Shares as is set forth upon the
signature page hereof at a price equal to $0.05 US per Share. Upon execution,
the subscription by the Subscriber will be irrevocable.

2.2      The Purchase Price is payable
by the Subscriber contemporaneously with the execution and delivery of this
Subscription Agreement and will be advanced to the Company or its solicitors.
The Subscriber acknowledges that if the funds are advanced to the Company’s
solicitors, the solicitors shall release such funds to the Company on
confirmation by the Company that it will accept the subscription.

2.3      Upon execution by the
Company, the Company agrees to sell such Shares to the Subscriber for the
Purchase Price subject to the Company's right to sell to the Subscriber such
lesser number of Shares as it may, in its sole discretion, deem necessary or
desirable.

2.4      Any acceptance by the Company
of the Subscription is conditional upon compliance with all securities laws and
other applicable laws of the jurisdiction in which the Subscriber is resident.
Each Subscriber will deliver to the Company all other documentation, agreements,
representations and requisite government forms required by the lawyers for the
Company as required to comply with all securities laws and other applicable laws
of the jurisdiction of the Subscriber.

2.5      Pending acceptance of this
subscription by the Company, all funds paid by the Subscriber shall be deposited
by the Company and immediately available to the Company for its corporate
purposes. In the event the subscription is not accepted, the subscription funds
will constitute a non-interest bearing demand loan of the Subscriber to the
Company.

2.6      The Subscriber hereby
authorizes and directs the Company to deliver the securities to be issued to
such Subscriber pursuant to this Agreement to the Subscriber’s address indicated
on the signature page of this Agreement.

2.7      The Subscriber acknowledges
and agrees that the subscription for the Shares and the Company's acceptance of
the subscription is not subject to any minimum subscription for the
Offering.

	3. 	REGULATION S AGREEMENTS OF THE
      SUBSCRIBER 






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3.1       The Subscriber
represents and warrants to the Company that the Subscriber is not a “U.S.
Person” as defined by Regulation S of the Securities Act and is not acquiring
the Shares for the account or benefit of a U.S. Person.

A “U.S. Person” is defined by
Regulation S of the Act to be any person who is:

	 	(a) 	
      any natural person resident in the United
      States;

	 	 	 	 
	 	(b) 	
      any partnership or corporation organized or
      incorporated under the laws of the United States;

	 	 	 	 
	 	(c) 	
      any estate of which any executor or administrator is a
      U.S. person;

	 	 	 	 
	 	(d) 	
      any trust of which any trustee is a U.S.
      person;

	 	 	 	 
	 	(e) 	
      any agency or branch of a foreign entity located in
      the United States;

	 	 	 	 
	 	(f) 	
      any non-discretionary account or similar account
      (other than an estate or trust) held by a dealer or other fiduciary
      organized, incorporate, or (if an individual) resident in the United
      States; and

	 	 	 	 
	 	(g) 	
      any partnership or corporation if:

	 	 	 	 
	 		(i) 	
      organized or incorporated under the laws of any
      foreign jurisdiction; and

	 	 	 	 
	 		(ii) 	
      formed by a U.S. person principally for the purpose of
      investing in securities not registered under the Act, unless it is
      organized or incorporated, and owned, by accredited Subscribers [as
      defined in Section 230.501(a) of the Act] who are not natural persons,
      estates or trusts.



3.2      The Subscriber acknowledges
that the Subscriber was not in the United States at the time the offer to
purchase the Shares was received or at the time this Agreement was executed.


3.3      The Subscriber acknowledges
that the Shares are “restricted securities” within the meaning of the Securities
Act and will be issued to the Subscriber in accordance with Regulation S of the
Securities Act. The Subscriber further acknowledges that the Company has not
agreed to register the resale of the Shares under the Securities Act.

3.4      The Subscriber agrees not to
engage in hedging transactions with regard to the Shares unless in compliance
with the Securities Act.

3.5      The Subscriber and the
Company agree that the Company will refuse to register any transfer of the
Shares not made in accordance with the provisions of Regulation S of the
Securities Act, pursuant to registration under the Securities Act, pursuant to
an available exemption from registration, or pursuant to this Agreement. 

3.6      The Subscriber agrees to
resell the Shares only in accordance with the provisions of Regulation S of the
Securities Act, pursuant to registration under the Securities Act, or pursuant
to an available exemption from registration pursuant to the Securities Act.

3.7     The Subscriber acknowledges and
agrees that all certificates representing the Shares will be endorsed with the
following legend in accordance with Regulation S of the Securities Act: 




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      “THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE
      NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 (THE
      "ACT"), AND HAVE BEEN ISSUED IN RELIANCE UPON AN EXEMPTION FROM THE
      REGISTRATION REQUIREMENTS OF THE ACT PROVIDED BY
      REGULATION S PROMULGATED UNDER THE ACT. SUCH SECURITIES
      MAY NOT BE REOFFERED FOR SALE OR RESOLD OR OTHERWISE
      TRANSFERRED EXCEPT IN ACCORDANCE WITH THE PROVISIONS OF
      REGULATION S, PURSUANT TO AN EFFECTIVE REGISTRATION UNDER
      THE ACT, OR PURSUANT TO AN AVAILABLE EXEMPTION FROM
      REGISTRATION UNDER THE ACT. HEDGING TRANSACTIONS INVOLVING
      THE SECURITIES MAY NOT BE CONDUCTED UNLESS IN COMPLIANCE
      WITH THE ACT”. 
	 



	4. 	REPRESENTATIONS AND WARRANTIES OF THE
      SUBSCRIBER 


The Subscriber, represents and warrants to the Company as
follows, and acknowledges that the Company is relying upon such covenants,
representations and warranties in connection with the sale of the Shares to such
Subscriber:

4.1      The Subscriber is an investor
in securities of companies in the development stage and acknowledges that it is
able to fend for itself, can bear the economic risk of its investment, and has
such knowledge and experience in financial or business matters such that it is
capable of evaluating the merits and risks of the investment in the Shares. 

4.2      The Subscriber has received
and had opportunity to review the Disclosure Statement and has been afforded
access to information about the Company and the Company’s financial condition,
results of operations, business, properties, management and prospects sufficient
it to evaluate its investment in the Shares. The Subscriber further represents
that it has had an opportunity to ask questions and receive answers from the
directors and officers of the Company regarding the terms and conditions of the
Offering and the business, properties, prospects and financial condition of the
Company, each as is necessary to evaluate the merits and risks of investing in
the Shares. The Subscriber believes it has received all the information it
considers necessary or appropriate for deciding whether to purchase the Shares.
The Subscriber has had full opportunity to discuss this information with the
Subscriber’s legal and financial advisers prior to execution of this
Agreement.

4.3.      The Subscriber acknowledges
that the offering of the Shares by the Company has not been reviewed by the SEC
and that the Shares are being issued by the Company pursuant to an exemption
from registration under the Securities Act.

4.4      The Subscribers understands
that the Shares it is purchasing are characterized as "restricted securities"
under the Securities Act inasmuch as they are being acquired from the Company in
a transaction not involving a public offering and that under such laws and
applicable regulations such securities may be resold without registration under
the Securities Act only in certain limited circumstances. In this connection,
the Subscriber represents that it is familiar with SEC Rule 144, as presently in
effect, and understands the resale limitations imposed thereby and by the
Securities Act.

4.5      The Shares will be acquired
by the Subscriber for investment for the Subscriber's own account, not as a
nominee or agent, and not with a view to the resale or distribution of any part
thereof, and that the Subscriber has no present intention of selling, granting
any participation in, or otherwise distributing the same. The Subscriber does
not have any contract, undertaking, agreement or arrangement with any person to
sell, transfer or grant participations to such person or to any third person,
with respect to any of the Shares.

4.6      An investment in the Company
is highly speculative and only Subscribers who can afford the loss of their
entire investment should consider investing in the Company and the 




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Shares. The Subscriber is financially able to bear the economic
risks of an investment in the Company.

4.7      The Subscriber recognizes
that the purchase of the Shares involves a high degree of risk in that the
Company is in the early stages of development of its business and may require
substantial funds in addition to the proceeds of this private placement. 

4.8      The Subscriber acknowledges
that no market for the Shares presently exists and none may develop in the
future and accordingly the Subscriber may not be able to liquidate its
investment.

4.9      The Subscriber is not aware
of any advertisement of the Shares.

4.10      This Agreement has been duly
authorized, validly executed and delivered by the Subscriber.

4.11      The Subscriber has satisfied
himself or herself as to the full observance of the laws of his or her
jurisdiction in connection with any invitation to subscribe for the Shares or
any use of this Agreement, including (i) the legal requirements within his
jurisdiction for the purchase of the Shares; (ii) any foreign exchange
restrictions applicable to such purchase; (iii) any governmental or other
consents that may need to be obtained; (iv) the income tax and other tax
consequences, if any, that may be relevant to an investment in the Shares; and
(v) any restrictions on transfer applicable to any disposition of the Shares
imposed by the jurisdiction in which the Subscriber is resident.

	5. 	REPRESENTATIONS BY THE COMPANY
  


5.1      The Company represents and
warrants to the Subscriber that:

	 	(a) 	
      the Company is a corporation duly organized, existing and
      in good standing under the laws of the State of Nevada and has the
      corporate power to conduct the business which it conducts and proposes to
      conduct;

	 	 	 
	 	(b) 	
      upon issue, the Shares will be duly and validly issued,
      fully paid and non- assessable common shares in the capital of the
      Company.




	6. 	MISCELLANEOUS 


6.1      Any notice or other
communication given hereunder shall be deemed sufficient if in writing and sent
by registered or certified mail, return receipt requested, addressed to the
Company, at its head office at 7816 Uplands Way, Suite A, Citrus Heights, CA
95610, Attention: Timothy Cocker President, and to the Subscriber at his/her
address indicated on the last page of this Subscription Agreement. Notices shall
be deemed to have been given on the date of mailing, except notices of change of
address, which shall be deemed to have been given when received.

6.2      The parties agree to execute
and deliver all such further documents, agreements and instruments and take such
other and further action as may be necessary or appropriate to carry out the
purposes and intent of this Subscription Agreement.

6.3      This Agreement will be
governed by and construed in accordance with the laws of the State of Nevada
applicable to contracts made and to be performed therein. The parties hereby
submit to personal jurisdiction in the Courts of the State of Nevada for the
enforcement of this Agreement and waive any and all rights under the laws of any
state to object to jurisdiction within the State of Nevada for the purposes of
litigation to enforce this Agreement.




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IN WITNESS WHEREOF, this Subscription Agreement is
executed as of the day and year first written above.

	Number of Shares Subscribed For: 	Shares 
	  	  
	SUBSCRIBER: 	 
    
	Signature of Subscriber: 	 
    
	Name of Subscriber: 	 
    
	Address of Subscriber: 	 
    
	  	  
	  	  
	  	  
	ACCEPTED BY: 	  
	Censox Technologies Inc. 	  
	Signature of Authorized Signatory: 	 
    
	                                                                                                                       	  Timothy Cocker 
	Name of Authorized Signatory: 	 
    
	                                                                                                                       
    	  Director
	Position of Authorized Signatory: 	 
    
	Date of Acceptance: