Document:

Exhibit 10.7

 

(Translated from German)

 

	
 
    	
TechnologiePark
    
	
 
    	
Bergisch   Gladbach
    

 

Operator Contract

 

for the Technology Park Bergisch Gladbach, Friedrich-Ebert-Straße

 

between

 

TBG

TechnologiePark Bergisch Gladbach

Verwaltungs GmbH

represented by its Managing Director

Mr. Hans-Dieter Angerer

Friedrich-Ebert-Straße

51429 Bergisch Gladbach

Tax ID no.: 204/5723/0021

 

- hereinafter referred to as “Operator” -

 

and

 

RI Research Instruments GmbH

represented by its Managing Director

Dr. Burkhard Prause

Friedrich-Ebert-Straße

51429 Bergisch Gladbach

 

- hereinafter referred to as “Lessee” -

 

in the property in the Technology Park Bergisch Gladbach

Friedrich-Ebert-Straße, 51429 Bergisch Gladbach

 

enter into the following Operator Contract:

 

 

Recital

 

Between

 

Lobito International B. V.

c/o Bauer & Kügler GmbH

Kaiserstrasse 12

60311 Frankfurt

Tax no. 116/5961/0895

 

represented by

 

TBG TechnologiePark Bergisch Gladbach

Verwaltungs GmbH

represented by its Managing Director

Mr. Hans-Dieter Angerer

Friedrich-Ebert-Str.

51429 Bergisch Gladbach

 

and

 

RI Research Instruments GmbH

represented by its Managing Director

Dr. Burkhard Prause

Friedrich-Ebert-Straße

51429 Bergisch Gladbach

 

Contract no. 13 03

 

on                    entered into a lease agreement regarding the premises in Buildings 09, 10, 14, 18, 19, 20, 21, 22 and 29 in the property Technology Park Bergisch Gladbach. The lease begins April 1, 2009.

 

§ 1                   The Operator will be responsible for the entire administration, organization and maintenance of the property Technology Park in Bergisch Gladbach.

 

§ 2                   In the course of the normal administration and maintenance duties, the Operator will invoice and collect payment for the services specified in more detail in § 3, if such are provided or due, in the context of the lease-related expense settlement with Lessee.

 

§ 3                   The lease-related expenses cover all maintenance and major repair costs as well as all costs connected with the operation and maintenance of the property, including the common areas, such as in particular:

 

·                  the insurance premiums for all risks incurred in connection with the property

·                  water supply, water fees incl. the costs of water treatment, sewer and other drainage fees

·                  the general power supply, including replacement of fuses and lamps as well as fluorescent lights in the common and traffic areas

·                  operation and maintenance of the heating as well as aeration and ventilation systems

 

2

 

·                  chimney sweeping

·                  street cleaning, maintenance of all outdoor facilities and parking spaces incl. ongoing lawn care and replanting as needed as well as removing snow and strewing salt in case of ice, plus the depreciation on tools and machines as well as the costs for repairing them

·                  regulations for the parking lot and traffic

·                  house cleaning outside of the leased areas

·                  external cleaning of the facades and windows as well as maintenance of windows and doors

·                  costs for the building staff, e.g. secretary, building service workers, caretaker, doorkeeper, guard personnel, as appropriate for the type and use of the building

·                  operation of the passenger and freight elevators incl. full service and maintenance and, if available, the elevator emergency call system incl. its maintenance

·                  maintenance of the operation and inspection of the technical equipment

·                  inspecting, refilling and replacing hand fire extinguishers

·                  providing and maintaining fire alarm systems

·                  providing and maintaining the antenna system for broadband cable connections

·                  reviewing, prepaying and re-invoicing levies on landed property (e.g. property tax, street cleaning and waste water)

·                  waste disposal and separation, maintenance of garbage compactors, sublease of garbage bins, except the garbage generated by the commercial operations of Lessee

·                  general pest control unless caused by Lessee

·                  the costs of managing the property, incl. the rooms, personnel and material costs necessary for the purpose

·                  the costs of renting or otherwise providing a set of meters to record consumption, the calibration fees, inspection fees charged by the fire-brigade, TÜV [Technical Inspection Service].

 

If new public charges are introduced or if costs are incurred directly or indirectly in the context of the making the building more efficient or managing it, incl. any secondary buildings, parking garages etc., whether they are new or increased from previous levels, the Operator may, under the provisions of this Contract, assess them by way of the respective pre-payment as they are incurred.

 

The lease-related expenses are borne evenly in the proportion of the leased space to the total lease area of the economic unit. To the extent that lease-related expenses can be allocated directly, e.g. because individual tenants use certain areas of the building exclusively, they are to be charged to the respective tenants unless it is question of minor expenses.

 

The Operator has the right, at its reasonable discretion, and even effective for the reporting period in course, to specify a new allocation key for the lease-related expenses (in general or for individual cost categories), if this is appropriate.

 

The Operator each year will ask the heating contractor Rheinenergie/Brunata commissioned by Lessor to prepare a heating cost statement.

 

Lessee herewith accepts the respective settlement conditions of the contractor. Settlement is to be effected in the context of the lease-related expense statement due each year.

 

The Operator must give credit to Lessee for the pre-payments of lease-related expenses accrued during the financial year. In case the lease is terminated in the course of a financial year, the costs are allocated in the next statement in the proportion of the lease period to the reporting period.

 

3

 

The financial year is the calendar year. The Operator has the right to change the financial year to another period by advising Lessee unilaterally, and to proceed to a partial settlement in case the property is sold. Over- or underpayments must be settled immediately and mutually. In case the lease-related expenses increase or decrease, the Operator must recalculate the monthly pre-payment amount.

 

§ 4                   Lump-sum compensation for the use of the recreation and conference rooms

 

A flat amount of € 0.51 per m2 is charged for the use of the recreation and conference rooms in the Technology Park. The lump-sum compensation for the use of the recreation and conference rooms is to be settled in conjunction with the pre-payments for lease-related expenses.

 

The lump-sum compensation for the use of the recreation and conference rooms covers:

 

·  the free use of the conference and recreations rooms rented by the Operator for discussions, conferences and meetings,

 

§ 4.1         The pre-payments for lease-related expenses and the lump-sum compensation for the use of the recreation and conference rooms are based on the area in square meters as follows:

 

The lump-sum compensation for the use of the recreation and conference rooms is applied as follows:

 

	
Laboratory,   warehouse, production, workshop
    	
 
    	
25%
    
	
Office   space
    	
 
    	
100%
    

 

	
 
    	
 
    	
 
    	
 
    	
HK
   (heating costs)
    	
 
    	
BK (operating
   costs)
    	
 
    	
K&K (recr. &
   conf. rooms)
    	
 
    
	
Building
    	
 
    	
9
    	
 
    	
95.20
    	
 
    	
95.20
    	
 
    	
 
    	
 
    
	
Building
    	
 
    	
10
    	
 
    	
50.00
    	
 
    	
50.00
    	
 
    	
12.50
    	
 
    
	
Building
    	
 
    	
14
    	
 
    	
126.40
    	
 
    	
126.40
    	
 
    	
31.60
    	
 
    
	
Building
    	
 
    	
18
    	
 
    	
16.00
    	
 
    	
16.00
    	
 
    	
0.00
    	
 
    
	
Building
    	
 
    	
19
    	
 
    	
2,552.00
    	
 
    	
2,552.00
    	
 
    	
638.00
    	
 
    
	
Building
    	
 
    	
20
    	
 
    	
534.85
    	
 
    	
534.85
    	
 
    	
534.85
    	
 
    
	
Building
    	
 
    	
21
    	
 
    	
1,183.60
    	
 
    	
1,183.60
    	
 
    	
295.90
    	
 
    
	
Building
    	
 
    	
22
    	
 
    	
740.00
    	
 
    	
740.00
    	
 
    	
320.00
    	
 
    
	
Building
    	
 
    	
29
    	
 
    	
370.00
    	
 
    	
370.00
    	
 
    	
92.50
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
5,668.05
    	
 
    	
5,668.05
    	
 
    	
1,925.35
    	
 
    

 

4

 

	
Lease-related   expenses per m2
    	
 
    	
1.84 €
    	
 
    	
10,429.21
    	
 
    	
 
    	
 
    
	
Heating   costs per m2
    	
 
    	
0.99 €
    	
 
    	
5,611.37
    	
 
    	
 
    	
 
    
	
Recreation   and conference rooms per m2
    	
 
    	
0.51 €
    	
 
    	
981.93
    	
 
    	
 
    	
 
    
	
Total   net
    	
 
    	
3.34 €
    	
 
    	
 
    	
 
    	
17,022.51
    	
 
    
	
plus   applicable VAT, at present 19%
    	
 
    	
 
    	
 
    	
 
    	
 
    	
3,234.28
    	
 
    
	
Total
    	
 
    	
 
    	
 
    	
 
    	
 
    	
20,256.79
    	
 
    

 

§ 4.2         The pre-payment for the lease-related expenses and the lump-sum compensation for the use of the recreation and conference rooms (including the applicable value-added tax) are to be transferred monthly in advance at the latest by the 3rd working day of each month, free of postage and charges, to the Operator

 

TBG

TechnologiePark Bergisch Gladbach

Verwaltungs GmbH

 

to the account with

 

	
Financial   institution:
    	
Kreissparkasse   Cologne
    
	
Acct.   no.:
    	
038900   3058
    
	
Routing   no.:
    	
37050299
    

 

in the amount of 20,256.79 €

 

indicating Tenant no. 11-

 

The timeliness of the payment is determined not by the date it is sent but by the date it is received.

 

The Operator reserves the right to adjust the amount of the pre-payments for heating and lease-related expenses in the context of the annual statement.

 

§ 4.3         In case of late payment the Operator may charge dunning costs in the amount of € 5.00 including VAT per reminder starting from the second reminder. The Operator always has the right to claim the legal default interest. This provision does not exclude the right to claim higher interest or further losses for other legal reasons.

 

§ 5                   Central heating system, air conditioning, warm water consumption, consumption records

 

§ 5.1         The costs of operating the central heating system include the cost of the consumed power and its supply and/or the purchased district heating, the cost of the working current, the cost of servicing, monitoring and maintaining the system, the

 

5

 

regular inspection of its operability and safety including calibration by a specialist, the cleaning of the system including the cleaning of the oil tank and the operating room, the cost of the measurements under the Federal Emission Control Law (Bundesimmissionsschutzgesetz), the cost of renting or otherwise providing equipment for measuring consumption as well as the cost of using equipment for recording consumption data, the cost of calculation and allocation by way of a heat meter service (including readings and intermediate readings) as well as the accruing calibration fees. The same applies to settling the water consumption costs if they are determined by separate meters. The costs of the district heating supply include the cost of operating the relevant in-house facilities.

 

§ 5.2         If a tenant does not use the heating system, such tenant is not exempt from sharing these costs.

 

§ 5.3         The costs of an intermediate reading, if such is necessary, are borne by the tenant to which they refer.

 

§ 6                   This Contract becomes effective on the same date on which the lease contract dated             and entered into between

 

Lobito International B.V.

c/o Bauer & Kügler GmbH

Kaiserstrasse 12

60311 Frankfurt

Tax ID no.116/5961/0895

 

represented by

 

TBG TechnologiePark Bergisch Gladbach

Verwaltungs GmbH

represented by its Managing Director

Mr. Hans-Dieter Angerer

Friedrich-Ebert-Str.

51429 Bergisch Gladbach

 

and Lessee

becomes effective.

 

In case of prior use, the pre-payment for lease-related expenses and settlement may be requested and/or settled as of the date of first use.

 

If the above Lease Agreement is terminated for whatever reason, either Contracting Party has a right to give notice effective on the date on which the above Lease Agreement was terminated. Both Contracting Parties also have the right to give notice effective with the expiration of the lease.

 

The Lessee must inform the Operator immediately of such termination.

 

This Operator Contract ends automatically at the latest upon expiration of the Lease Agreement.

 

6

 

§ 7                   Written form/severability clause/legal venue

 

Subsequent changes and additions to this Contract require the written form. This requirement cannot be changed verbally. In addition, any declaration of consent or approval on the part of the operator provided for under this Contract always requires the written form.

 

In the event that one or more provisions of this Contract become entirely or partially invalid, such event will not affect the validity of the remaining provisions.

 

Rather, in such a case the Contract is to be implemented as intended. If the lack of validity is based on a performance or deadline, the legally permitted regulations take its place.

 

The Operator has the right to assign this Contract to a third party. Lessee gives its consent to such assignment already at this time.

 

The legal venue is Bergisch Gladbach or, at the option of the Operator, the Court competent for the location of the lease object, unless the law mandates another legal venue.

 

	
 
    	
 
    	
Bergisch   Gladbach, on April 1, 2009
    
	
 
    	
 
    	
 
    
	
/s/   Hans-Dieter Angerer
    	
 
    	
/s/   Burkhard Prause
    
	
TBG   TechnologiePark Bergisch Gladbach
    	
 
    	
RI   Research Instruments GmbH
    
	
Verwaltungs   GmbH
    	
 
    	
 
    
	
Hans-Dieter   Angerer
    	
 
    	
 
    
	
(Operator)
    	
 
    	
(Lessee)
    

 

7Exhibit 10.8

 

MANAGING DIRECTOR AGREEMENT

 

 

Between

 

Bruker Advanced Supercon GmbH

Ehrichstr. 10

63450 Hanau

(hereinafter referred to as “Company”)

 

 

and

 

Mr. Dr. Detlef
Krischel

Danziger Straße 14

53804 Much

(hereinafter referred to as “Managing Director”)

 

 

the following contract is concluded:

 

Preamble:

 

The parties conclude the following Managing Director
Contract subject to the condition precedent of effectiveness pursuant to sec.
9.2 (“Closing” and the day of effectiveness “Closing Date”) of the concluded
Sale and Purchase Agreement of 16 February 2009 between Accel Instruments
GmbH and RI Research Instruments GmbH:

 

1                                         Appointment as Managing
Director as well as management authorisation and power of representation

 

1.1                                 Mr. Krischel is appointed Managing
Director effective as of the Closing Date according to a resolution of the
shareholders’ meeting.

 

1.2                                 The Company shall be entitled to appoint
further managing directors as well as to appoint one or more of the managing
directors as chairman and/or spokesman of the management.

 

 

1.3                                 In external relationships the Managing
Director shall represent the Company together with an additional further
managing director or with an authorised representative (Prokurist). He is aware of the intention
that a further managing director as well as an authorised representative shall
act jointly on behalf of the Company as well. He is further aware that a
managing director being already appointed is entitled to act with sole right of
representation.

 

2                                         Changes of the scope of
responsibility and entitlement to representation

 

2.1                                 The Company reserves the right to limit
or to enlarge the scope of responsibility of the Managing Director especially
in case of incorporation and outsourcing of business units or in case of forming
business fields.

 

2.2                                 The general meeting of shareholders
reserves the right to modify the scope of entitlement to representation at any
time and without stating reasons.

 

3                                         Tasks, scope of work,
catalogue of legal act requiring consent

 

3.1                                 The Managing Director shall be the
responsible head of the entire business of the Company. This position shall be
executed in collegial cooperation with further managing directors.

 

3.2                                 The targets and main aspects of the
Managing Director’s position are especially:

 

a)                                      To strengthen and to increase the
competiveness and profitability of the Company especially by:

 

aa)                                steady verification and adaptation of all
relevant cost factors

 

bb)                              increase in sales volume

 

b)                                     Significant participation in the
organisation and restructuring of the present business fields “Magnete” (MA)
and “Beamlines” (BL) of Accel Instruments GmbH as economic and legal
independent Company.

 

c)                                      Participation in supervising sales in
consideration of the profitability as well as the technical realisation of the
submitted offers and orders.

 

d)                                     Marketing and representation of the
Company.

 

e)                                      Essential participation within the
management in case of stipulating the product strategy.

 

 

f)                                        Essential participation in case of
stipulating tasks and targets for development and production departments.

 

g)                                     Personnel management and responsibility

 

h)                                     Defending the Company against unjustified
or unfair claims.

 

3.3                                 Furthermore, the Managing Director is
responsible for the protection of business secrets as well as of intellectual
property of the Company especially for the patent development and maintenance.
The Managing Director shall inform all leading and/or qualified employees about
the special meaning of this task preserving the Company’s competiveness.

 

3.4                                 The Managing Director shall execute his
position with the proper professional care.

 

3.5                                 The general meeting of shareholders has
listed the business transactions which are beyond usual business and therefore
require prior consent of the general meeting of shareholders in the bylaws
(Geschäftsordnung). The general meeting of shareholders is entitled to amend
the list of the business transactions being beyond usual business at any time.
The Managing Director or the managing directors shall be obliged to consider
such amendments.

 

4                                         Duties of the Managing
Director, entire work capacity and secondary occupations

 

4.1                                 The Managing Director shall be obliged to
fulfil his tasks conscientiously and properly pursuant to the legal provisions,
the respectively valid company agreement, the respectively valid bylaws, this
Managing Director Agreement and the general and special instructions of the
general meeting of shareholders or its authorised representatives.

 

4.2                                 The Managing Director shall dedicate his
entire work capacity to the Company. Any other secondary employment,
participation, acquisition of clients as well as consultancy contracts and
lectureships outside the Bruker Group require prior consent of the general
meeting of shareholders or of its authorised representatives.

 

5                                         Remuneration, Bonus and
Death Benefit

 

5.1                                 The Managing Director shall receive an
annual gross salary of € 144,000.00 (EUR one hundred and forty-four thousand),
payable in 12 (twelve) monthly rates.

 

5.2                                 Furthermore, the Managing Director can
also receive a bonus payment pursuant to the separately concluded bonus
agreement.

 

 

5.3                                 In the event of the Managing Director’s
death during the contract period, his wife and his dependent children shall
receive the fixed salary as joint creditor pursuant to sec. 1 for the month in
which the death occurred and for the previous six months thereafter as well as
the annual bonus pursuant to sec. 2 pro rata for the fulfilled period of
service within the business year until the day of death.

 

6                                         Continued remuneration
in case of incapable inability to work

 

If the Managing Director is no longer able to perform
his duties due to illness or other reasons for which he is not responsible, he
shall receive his continued basic salary for 6 weeks pursuant to sec. 5.1.

 

7                                         Vacation, transfer and
compensation of vacation claims

 

7.1                                 The Managing Director is entitled to
annual vacation of 30 working days.

 

7.2                                 The interests of the Company shall be
considered when vacation is allocated. If the Managing Director is unable to
take his entire annual vacation due to operational circumstances the respective
claim of vacation can be transferred. Remaining vacation can be compensated on
request of the Managing Director as well as on request of the Company, whereas
this amount is based on salary being agreed in sec. 5.1.

 

8                                         Company car, obligation
to return in case of release from work and replacement

 

8.1                                 The Company will provide the Managing
Director with an upper-middle-class car (e.g. Audi A6, 5-er BMW) as company
car. This company car can also be used for private purposes, especially for
holidays. The Managing Director shall be entitled to bear the tax charge for
the pecuniary advantage arising hereof pursuant the respectively applicable
legal provisions.

 

8.2                                 The Managing Director shall return the
company car to the Company in case of release from his duties without any claim
on financial compensation of pecuniary advantage arising from the private use
insofar. In case of termination of the contract the Managing Director is
obliged to return the company car similarly.

 

8.3                                 The Managing Director shall have no right
to withhold the company car towards the Company.

 

9                                         Travel expenses

 

Travel expenses are reimbursed by the Company to the
Managing Director according to the respective lump being most recently
stipulated as tax-deductable expense by the

 

 

Federal Minister of Finance. As far as the actual
expenses exceed the respective rate they have to be refunded at the proven
amount.

 

10                                  Non-competion

 

For the duration of this contract the Managing
Director is not entitled to any independent, dependent or any other employment
with a company which directly or indirectly competes with the Bruker
Corporation, Billerica, USA in the sense of sec. 15 ff. AktG (Stock Corporation Act) or any other
companies connected with it. Similarly, the Managing Director is not entitled
to set up, acquire or to participate directly or indirectly in such Company.

 

11                                  Confidentiality,
disclosure and contractual penalty

 

11.1                           The Managing Director undertakes to keep
confidential all corporate affairs which are not generally known and which were
entrusted to him or of which he becomes aware due to his position or by chance
towards third parties or uninvolved employees. That does especially apply for
all business or technical documents of the Company, of the Bruker Corporation
as well as of cooperating companies with which the Company is economically or
organisationally connected until termination of contract.

 

11.2                           The kinds of remuneration as well as the
amount have to be treated as strictly confidential towards third persons.

 

11.3                           The unauthorised disclosure of company
documents, infringement of confidentiality as well as disclosure of information
is expressively forbidden and entitles the Company to a claim for compensation.

 

12                                  Work equipment

 

Upon request of the Company or termination of this
contract or in case of previous release the Managing Director has to return to
the Company immediately and without request all documents, copies thereof
without any consideration for the addressee as well as records, notes, books
,keys, patterns, models, other materials etc. The Managing Director has to
ensure that the release can also be effected by a third person in case of his
possible absence. The Managing Director is not entitled to exercise any
retention right for any item.

 

 

13                                  Inventions, technical
improvement and work results capable of protection by proprietary rights

 

13.1                           Any inventions capable of protection by
proprietary rights related in the broadest sense to the nature and purpose of
business of any company of the Bruker Group as may be made during the
contractual relationship are hereby transferred in advance to the Company for
unrestricted disposal in use. Any rights in qualified technical improvement
suggestions and other creative/inventive work results shall belong to the
Company without restriction. Any remuneration claims for the granting and use
of the aforementioned rights shall be deemed entirely and definitely settled
with the payment of the regular remuneration. The transfer and/or granting of
rights and the non-existence of any additional claims for payment shall remain
unaffected by any termination of this contract of the role as managing
director.

 

13.2                           Any and all inventions and technical
improvement suggestions shall be notified to the Company in writing immediately
upon completion, using the forms provided for this purpose, which shall be
exhaustively and accurately completed.

 

14                                  Duration of agreement
and termination

 

14.1                           This present agreement is firstly
concluded for a period of five years beginning at the Closing Date (as defined
in the Sale and Purchase Agreement of 16 February 2010).  The Agreement is automatically extended by
one further year unless it is terminated in written form six months prior to
the respective end of agreement by either party.

 

14.2                           The revocation of the Managing Director
due to resolution of the general meeting of shareholders is possible at any
time regardless to the claims of his remuneration pursuant to sec. 5 para 1.
The company is entitled to release the Managing Director from his duties
against payment of remuneration for the period between the date of declaration
and the date of effectiveness of termination. Furthermore, the shareholders are
entitled to suspend the Managing Director against payment of remuneration
pursuant to sec. 5, para 1 for a limited period of time either for processing
special research or development tasks or as break in case of internal
conflicts.

 

14.3                           Termination by cause remains unaffected;
a good cause for termination by the Company shall be especially

 

a)                                      the execution of transactions pursuant to
sec. 3 para 4 or sec. 3 para 5 without the prior approval of the Company;

 

b)                                     infringement of the non-competition
agreement pursuant to sec. 10 and the infringement of confidentiality in sec.
11,

 

 

c)                                      severe contraventions against the
instructions of the shareholders’ meeting;

 

d)                                     opening of insolvency proceedings as to
the estate of the Company or dissolution of the Company.

 

14.4                           This agreement shall end without any
notice of termination being required on expiry of the month in which the
Managing Director attains the statutory pension age (currently 65 to 67 years).
The contracting parties reserve the opportunity to mutually reach a different
agreement in due course.

 

15                                  Final provisions

 

15.1                           Amendments or supplements to this
agreement shall be in writing. This shall also apply for any cancellation of
this provision. Oral agreements concerning the written form are null and void.

 

15.2                           The invalidity of an individual provision
does not affect the remaining provisions. The content of this agreement depends
on the legal provisions insofar. If the parties individually agree on
provisions the parties are obliged to agree on a provision which comes closest
to the economic purpose pursued by the invalid provision.

 

 

	
  Frankfurt, 16 February 2009

  	
   

  	
  Frankfurt, 16 February 2009

  
	
   

  	
   

  	
   

  
	
  Ort, Datum

  	
   

  	
  Ort, Datum

  
	
   

  	
   

  	
   

  
	
  /s/ Burkhard Prause

  	
   

  	
  /s/ Detlef Krischel

  
	
  Bruker Advanced Supercon GmbH, acting by its sole
  shareholder, Bruker Advanced Supercon, Inc.

  	
   

  	
  Dr. Detlef Krischel

  
	
   

  	
   

  	
   

  
	
  Dr. Burkhard Prause

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  Chief Executive Officer of Bruker Advanced
  Supercon, Inc.

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