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Exhibit 10.6  

 
 

EMPLOYMENT AGREEMENT    
    

        THIS EMPLOYMENT AGREEMENT is entered into as of the 1st day of February 2005, by and between Ready Mix, Inc., a Nevada corporation (the "Employer"),
and Robert A. De Ruiter (the "Employee"). 

        The
Employer hereby employs the Employee on a full-time basis, and the Employee hereby accepts such full-time employment on the terms and conditions hereinafter
set forth. 

        1.    EMPLOYMENT.    Employee is employed as the Vice President of Ready
Mix, Inc.("RMI"). Employee shall perform all duties as outlined herein and as may be assigned by the Employer and shall devote full time, attention and loyalty to the affairs of the Employer.
The duties of the Employee shall specifically be: 

        A)   Complete
responsibility for the operational and financial aspects of RMI Ready Mix, Inc. ("Arizona Operations"), including profit and loss responsibility. 

        B)    To
select, hire and maintain qualified management personnel and to administer and review annually the performance of each person within his direct supervision and adjust
compensation in accordance with the Employer's guidelines and subject to the prior approval of the President. 

        C)    To
oversee the selection, preparation and submission of materials sales quotes and proposals and to determine margins in order to maximize Employer's profitability. 

        D)   To
oversee the preparation of operating budgets for submission to the President for approval, to insure that cost controls are in place and utilized to accurately track
production and delivery costs, to monitor customer schedules to insure timely and accurate delivery of products and to provide decision-making and problem-solving assistance in all aspects of the
Arizona Operations. To oversee the negotiation, preparation and execution of all purchase agreements, credit policies and other agreements within the Arizona Operations. 

        E)    To
maintain and promote relationships with customers and owners with whom the Employer conducts business. 

        F)    To
insure that periodic reporting such as monthly production reports and other cost and revenue reports as required by management are prepared and submitted correctly and
on a timely basis. 

        G)   Prepares
annual operating budgets and capital expenditure budgets and periodic forecasts as required. 

        H)   Resolve
complaints and/or claims relating to the Arizona Operations, or to provide assistance in preparing for and presenting the Employer's position in claims hearings. 

        I)     To
provide input and counsel to strategic and business plans for the Employer. 

        J)     To
assist in any other projects or duties as may be assigned by the Chief Executive Officer or President. 

        2.    TERM.    Subject to the provisions of termination provided in paragraph 12, the
initial term of this Agreement shall commence on February 1, 2005 and terminate on January 31, 2008. This Agreement may be extended by the mutual written agreement of the Employee and
the Employer. 

        3.    COMPENSATION.    Employee shall receive a base salary of One Hundred Ten Thousand
dollars ($110,000) per year, payable in accordance with the regular payroll practices of Employer, and 

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subject
to applicable deductions of withholding taxes and other customary employment taxes. The Chief Executive Officer or the President shall review Employee's salary at a minimum annually and may
adjust Employee's salary upward to recognize improvement, achievement or expansion of Employee's responsibilities subject to approval of the Board Compensation Committee. 

        Employee
shall participate in cash incentive plans as currently existing or as amended or adopted in the future by the Compensation Committee of the Board of Directors. Cash bonus plans
are subject to annual review and/or change as recommended by the Compensation Committee and approved by the Board of Directors. 

        4.    OPTIONS TO ACQUIRE COMMON STOCK.    Employee is eligible to participate in the Ready
Mix, Inc. 2005 Equity Incentive Plan. Future grants of stock options shall be subject to the discretion of the board of directors of the Employer. 

        5.    EMPLOYEE BENEFITS.    Employer shall provide to Employee, and to the Employee's
dependents, a comprehensive major medical, health, and dental insurance program comparable to the programs normally provided by other employers in the same industry and marketplace, and the Employer
shall pay the cost of the Employee's portion of the premium. Insurance coverage may be subject to pre-existing condition limitations. Should, at any time, the Employee opt to maintain a
personal major medical and health insurance policy for himself and for his dependents and not participate in the Employer's group plan, then Employer shall reimburse Employee the lesser of the amount
Employee pays for said personal policy, as evidenced by adequate documentation, or what Employer would otherwise be paying were Employee participating in the Employer's group plan. 

        At
Employer's cost at no greater than reasonable market rates, and subject to verification of insurability, Employer will maintain a life insurance policy covering Employee, with at
least $500,000 of death benefits being payable, in a manner that is free of income tax, to Employee's estate or other beneficiaries designated by Employee. 

        Employer
agrees to provide Employee with an automobile for business-related use. In addition to the cost of the vehicle itself, Employer shall pay, directly or by reimbursement to
Employee, for all maintenance, fuel, repairs, insurance, operating and other costs incidental thereto. 

        Employer
shall pay for, or reimburse Employee for, dues for his membership in industry related associations perceived as beneficial to Employer and as approved by the Chief Executive
Officer or the President. 

        So
long as it is within the guidelines of the respective plan, Employee shall be given the opportunity to participate in the Employer's 401(k) plan. 

        6.    HOLIDAYS AND VACATION.    

        A)   Employee
shall be paid for the following seven (7) holidays: New Year's Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day and the day after
Thanksgiving, and Christmas Day and all other holidays for Employees of the Employer as approved by the Chief Executive Officer or Board of Directors of the Employer. 

        B)    Employee
is entitled to one week vacation after six months of continuous employment, two weeks vacation after one year of continuous employment and three weeks vacation
after the fifth year of continuous employment. In accordance with the Employer's vacation policy, unused vacation time does not carry over from year to year, has no monetary value and will not be paid
as compensation in lieu of vacation. All other conditions with respect to vacations shall be consistent with the Employer's vacation and holiday policy. 

        7.    RESPONSIBILITIES OF EMPLOYEE.    The Employee shall devote such reasonable time as is
necessary or is deemed reasonably necessary by the Employer to carry out all required duties and will 

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devote
full time to the Employer during normal business hours. The Employee shall at all times faithfully, with diligence and to the Employee's best good faith ability, experience and talents, perform
all the duties that may be required pursuant to the express terms hereof to the reasonable satisfaction of the Employer, in accordance with customary professional standards. 

        8.    WORKING FACILITIES.    The Employee shall be furnished with all facilities and services
suitable to Employee's position and adequate for the performance of Employee's duties. 

        9.    EXPENSES.    The Employee is authorized to incur reasonable expenses for promoting
business of the Employer, including expenses for entertainment, travel and similar items. The Employer shall reimburse the Employee for all such expenses on the presentation by the Employee of
itemized and adequately documented accounts of such expenditures. 

        10.    TERMINATION.    This Employment Agreement may be terminated under the following
circumstances: 

        A)    WITHOUT CAUSE.    Employer may terminate this Agreement at any time upon thirty
(30) days written notice to Employee, but Employer shall be obligated to pay to Employee compensation in a lump sum equivalent to one year of the Employee's base salary, unless Employee agrees
to other payment terms. 

        B)    VOLUNTARY TERMINATION BY EMPLOYEE WITHOUT CAUSE.    Employee may terminate this
Agreement at any time upon thirty (30) days written notice to Employer and Employer shall be obligated, in that event, to pay Employee compensation up to the date of the termination only.
Employer, at its sole discretion, shall decide the exact date of termination and Employee may be required to continue to provide services for up to 90 days from the date of receipt of notice of
termination. Payment of compensation shall be made in cash within 30 days of termination, unless Employee agrees to other payment terms. 

        C)    TERMINATION BY EMPLOYER FOR REASONABLE CAUSE.    The Employer may terminate this
Agreement for reasonable cause upon thirty (30) days written notice to the Employee and Employer shall be obligated, in that event, to pay Employee compensation up to the date of termination
only. For purposes hereof, "cause" shall be defined as meaning (i) such conduct by the Employee which constitutes material breach of this Agreement which is not cured within ninety
(90) days of written notice to the Employee of said alleged breach or (ii) a material failure to competently perform Employee's duties as stated in paragraph 1 in accordance with
applicable professional standards as stated in paragraphs 1 and 8 hereof provided that Employer has previously given Employee written notice and a reasonable opportunity to remedy such failure and
such failure has a materially adverse effect on the business or financial condition of Employer or (iii) material breach of Employee's fiduciary duty and such breach has a material adverse
effect on the business or financial condition of Employer or (iv) egregiously improper or illegal conduct of the Employee which, in the Employer's sole discretion, has a material adverse affect
on Employer. 

        D)    TERMINATION BY EMPLOYEE FOR REASONABLE CAUSE.    Employee may terminate this Agreement
for cause. In such event, Employer shall be obligated to pay Employee compensation in lump sum for the balance of the term of this Agreement within 30 days of termination or as Employee shall
agree, plus damages suffered and expenses incurred by reason thereof. For this purpose "cause" shall mean (i) a material breach of this Agreement by Employer or (ii) failure of Employer
to pay any amount owed Employee hereunder at the time and in the amount due or (iii) failure of Employer to follow applicable law or (iv) egregiously improper conduct with respect to
dealing with Employee or in a manner which brings discredit to Employee. 

        11.    RESTRICTIVE COVENANTS IN THE EVENT OF TERMINATION.    In the event the Employment
Agreement is terminated pursuant to the terms of paragraph 10 hereof, then, and in that 

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event,
the Employee agrees that, as a material inducement to the Employer entered into this Agreement, and for good and valuable consideration, Employee agrees, that for a period of two years
following the date of termination, the Employee will comply with the following covenants: 

        A)    ANTI-PIRACY COVENANT.    

        1)    CUSTOMERS.    Employee shall not solicit, bid or sell to or otherwise offer to engage in
the sale of products substantially similar to that produced and sold by Employer, any and all customers of Employer with which Employee had contact at anytime during the course of the employment under
the terms of this Employment Agreement and/or were customers or clients of Employer at the time of the termination of this Agreement. 

        2)    EMPLOYEES.    Employee shall not solicit, provide offers, hire, engage, retain or
otherwise employ, directly or indirectly, as Employees or independent contractors, any employee of Employer employed by Employer at the time of the termination of this Agreement or at anytime prior to
one year thereof. 

        B)    COVENANT NOT TO DISCLOSE.    Employee shall not disclose to any person, any information
relating to the business of Employer, including, but not limited, financial or economic status or statements, any and all methods of bidding, including profit margins, or any other information of a
confidential or sensitive character maintained by Employer. 

        C)    NON-COMPETE.    Employee agrees not to accept employment, either directly or
indirectly, as an independent contractor or employee with any person, firm, corporation, partnership or other business entity, of any kind, nature or description which competes, directly or indirectly
in the same product or industry of Employer in any geographical market in which Employer is doing business at the time of the termination of the Agreement. 

        12.    CONFIDENTIALITY.    Employee agrees not to disclose any confidential, proprietary
competitively sensitive information to persons who are not employees, directors, lenders, bonding agents, insurance companies or advisors of the Employer, except as required by law, without prior
consent of the Employer; provided however, any disclosure involving this paragraph shall not result in a breach of this Agreement unless the disclosure has a materially adverse effect on the Employer. 

        13.    NOTICES.    All notices, demands, and communications given under this Agreement
("Notice") shall be in writing and delivered personally or sent by registered or certified mail, return receipt requested, in the United States mail, postage prepaid, addressed as follows: 

If
to Employer: 

Ready
Mix, Inc.

3430 E. Flamingo, Suite 100

Las Vegas, NV 89121 

If
to Employee: 

or
at such other address as a party may from time to time designate by Notice hereunder. Notice shall be effective upon delivery in person, or if mailed, at midnight on the third business day after
the date of mailing. 

        14.    ASSIGNMENT OF AGREEMENT.    Neither party may assign or otherwise transfer this
Agreement or any of its rights or obligations hereunder without the prior written consent to such assignment or transfer by the other party hereto; and all the provisions of this Agreement shall be
binding upon the respective employees, successors, heirs and assigns of the parties; provided, however, 

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the
benefits payable to Employee hereunder in the event of disability or death or incapacity are payable to Employee's spouse or personal representative. 

        15.    SURVIVAL OF REPRESENTATIONS, WARRANTIES AND COVENANTS.    This Agreement and the
representations, warranties, covenants and other agreements (however characterized or described) by both parties and contained herein or made pursuant to the provisions hereof shall survive the
execution and delivery of this Agreement. 

        16.    FURTHER INSTRUMENTS.    The parties shall execute and deliver any and all such other
instruments in reasonable mutually acceptable form and substance and shall take any and all such other actions as may be reasonably necessary to carry the intent of the Agreement into full force and
effect. 

        17.    SEVERABILITY.    If any provision of this Agreement shall be held, declared or
pronounced void, voidable, invalid, unenforceable or inoperative for any reason by any court of competent jurisdiction, governmental authority or otherwise, such holding, declaration or pronouncement
shall not affect adversely any other provision of this Agreement, which shall otherwise remain in full force and effect and be enforced in accordance with its terms, and the effect of such holding,
declaration or pronouncement shall be limited to the territory of jurisdiction in which made. In the event that any provision of this Agreement shall be held to be overly broad and, therefore,
unenforceable, the parties agree that the Court, or other dispute resolution authority, shall have the power and obligation to revise or restrict the provisions in order to provide the parties the
fullest protections permitted by law consistent with the intentions of the parties as evidenced hereby. 

        18.    WAIVER.    All the rights and remedies of either party under this Agreement are
cumulative and not exclusive of any other rights and remedies provided by law. No delay or failure on the part of either party in the exercise of any right or remedy arising from a breach of this
Agreement shall operate as a waiver of any subsequent right or remedy arising from a subsequent breach of this Agreement. The consent of any party where required hereunder to any act or occurrence
shall not be deemed to be a consent to any other act or occurrence. 

        19.    GENERAL PROVISIONS.    This Agreement shall be construed and enforced in accordance
with, and governed by, the laws of the state of Arizona. Except as otherwise expressly stated herein, time is of the essence in performing under this Agreement. This Agreement embodies the entire
agreement and understanding between the parties and supersedes all prior agreements and understandings relating to the subject matter of this Agreement as it relates to the parties' duties and
obligations from and after February 1, 2005, and this Agreement may not be modified or amended or any term or provision hereof waived or discharged except in writing signed by the party against
whom such amendment, modification, waiver or discharge is sought to be enforced. The headings of this Agreement are for convenience in reference only and shall not limit or otherwise affect the
meaning thereof. This Agreement may be executed in any number of counterparts, each of which shall be deemed an original but all of which taken together shall constitute one and the same instrument. 

        20.    SPECIAL RIGHT OF EMPLOYEE UNDER CERTAIN CIRCUMSTANCES.    During the term of this
Agreement, if the Employer is involved in a merger, consolidation or other business combination in which the Employer is not the surviving and controlling entity and as a result thereof, the Employee
is required to relocate outside the city of his current residence in a manner not objectively reasonable, then Employee shall have the following rights: 

        A)   To
terminate this Agreement with 30 days prior notice, in which event Employer shall pay Employee as if there were a termination without cause by the Employer; and 

        B)    All
options granted shall, to the extent not specifically prohibited by the stock option plan then in effect, vest immediately and be exercisable within one year of the
termination notice provided in A above. 

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        IN
WITNESS WHEREOF, the parties have executed this Agreement on the day and year first above written. 

	 	 	READY MIX, INC.
	

 	
 	

By	
 	

 
	
	 	 	 	

	Employee	 	 	 	Chief Executive Officer

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Exhibit 10.07    
    

 
 

ADMINISTRATIVE SERVICES AGREEMENT    
    

        AGREEMENT dated this 1st day of February, 2005 between Ready Mix, Inc., a Nevada corporation (the "Owner"), and Meadow Valley Corporation, a Nevada
corporation (the "Managing Agent"). 

        W
I T N E S S E T H: 

        WHEREAS,
the Owner is the owner of two ready-mix concrete plants in the metropolitan Phoenix, Arizona area, two ready mix concrete plants in the metropolitan Las Vegas,
Nevada area and a ready-mix concrete plant in Moapa, Nevada (such plants and their associated business and operations are collectively referred to as, the "Company") 

        WHEREAS,
the Owner desires to employ the Managing Agent to act as manager of the Company subject to termination on three months prior written notice; and 

        WHEREAS,
the Managing Agent is willing to accept such employment for such period, subject to the terms and conditions hereinafter set forth. 

        NOW,
THEREFORE, in consideration of the foregoing and of the terms and conditions herein set forth, the parties hereto agree as follows: 

        1.    Employment.    

        The
Owner hereby employs the Managing Agent, subject to termination as herein provided, with authority, subject to the limitations and conditions herein set forth, to direct, supervise,
and manage the operation of the Company. 

        2.    Duties.    

        2.01 The
Managing Agent shall perform the following duties: 

        a)    supervise
and direct the general operations of the Company; 

        b)    operate
the Company efficiently and with proper economy; 

        c)     develop
policies with respect to the installation of new features to the extent that the financial obligations and resources of the Owner permit; 

        d)    develop
policies with respect to publicity for the purpose of creating the greatest possible net income from the Company; 

        e)    supervise
and manage the operations of all Company property; 

        f)     stimulate
the general business of the Company; 

        g)     employ
at the expense of the Owner such officers, assistants, employees, sales personnel, and operations staff at the Company as may be required to continue the standard
and quality of management and operation at a level-not lower than that heretofore maintained; 

        i)     collect
income; 

        j)     keep
the Company and all vehicles and equipment in repair; 

        k)    arrange
for necessary replacements, improvements, and changes in the Company and in the vehicles, cement and concrete processors, and other equipment therein; 

        1)    supervise
the placing of insurance on the Company and on all vehicles, cement and concrete processors, and equipment therein against all risks usually covered in the case
of similar properties, including, but without limitation, fire, workmen's compensation, liability and fidelity insurance, and all other usual insurance (which shall also cover any liability of the
Managing Agent); 

        m)   place
and supervise all advertising and promotion circular matter; 

        n)    place
at the disposal of the Owner its engineering, finance, management, general purchasing, supervising, and accounting departments; and 

        o)    perform
all other acts necessary or desirable in the operation of the Company. 

        2.02 The
Managing Agent represents that it maintains an organization which is adequately equipped to perform the duties described in this paragraph, and that it shall
furnish the full use of its organization and personnel without additional charge in the performance of this Agreement. 

        3.    Expenditures by manager.    

        3.01 The
Managing Agent shall have power and authority to make all contracts and disbursements necessary to carry out the duties conferred and imposed upon it by this
Agreement. 

        3.02 The
Managing Agent shall have the authority, in the name and at the expense of the Owner, to institute or defend any legal or equitable action or proceeding for
collection of unpaid accounts, filing and foreclosing mechanic or materialman liens, or for the defense of claims made against the Owner by customers, employees or third parties. 

        3.03 The
Managing Agent shall be reimbursed by the Owner for all expenditures paid for or on behalf of the Company, provided that the Managing Agent shall bear the cost of
its own overhead and the salaries of its own officers and employees. 

        3.04 All
employees at the Company shall be deemed to be the employees of the Owner and not of the Managing Agent for all purposes under this Agreement. 

        4.    Compensation.    

        The
Managing Agent shall be compensated at the rate of Twenty-Two Thousand Dollars ($22,000) per month. Such compensation shall be paid on or before the first day of each
calendar month shall be based on the service rendered during the preceding month. The first payment shall be due upon execution of this Agreement. 

        5.    Deposits.    

        5.01 All
moneys collected by the Managing Agent out of and from the operation of the Company shall be deposited daily in a special account in the name of the Owner, in one
or more banks in appropriately designated and adequately identified accounts. 

        5.02 Out
of such accounts the Managing Agent may pay or reimburse itself for all obligations and expenditures necessarily and properly incurred for and on account of the
Owner in the management and operation of the Company, including reimbursement of the Managing Agent, insurance premiums, taxes, supplies, repairs, maintenance, renewals, replacements, betterments, and
improvements. 

        5.03 The
Managing Agent may keep on hand for the account of the Owner such a fund, as may be necessary in the opinion of the Managing Agent to provide for working cash for
the operation of the Company. 

        6.    Accounting Services.    

        6.01 The
Managing Agent shall furnish the supervisory services of its own accounting department. Subject to the supervision of the Managing Agent, such department shall
maintain for the Owner proper and suitable records and books of account, in which there shall be properly recorded all receipts and disbursements connected with the management and operation of the
Company. 

        6.02 All
books of account shall at all times be open to the inspection and audit of any of the Owner's officers or duly accredited and authorized representatives. All books,
records, bills, receipts, bank books, check books, check vouchers, correspondence, lists, files, index cards, and books of account relating to lessees, concessionaires, customers, and prospective
customers and employees of the Company for a period of at least three years from time to time last past, and other data and records 

pertaining
or in any manner relating to the management, and operation of the Company, shall at all times be safely kept and preserved and shall be the property of the Owner, and upon the termination
of this Agreement shall be retained by the Owner. 

        7.    Indemnification.    

        7.01 The
Owner shall indemnify and hold harmless the Managing Agent from damages for injuries to persons or property resulting from any cause whatsoever in, on, or about the
Company premises and, at its own cost and expense, to defend any action or proceeding against the Managing Agent arising therefrom, provided that the Managing Agent shall have fully and faithfully
performed all of its duties hereunder. 

        7.02 Notwithstanding
paragraph 7.01, the Owner shall not be required to indemnify the Managing Agent against damages suffered as a result of gross negligence or
willful misconduct on the part of the Managing Agent, its agents, or employees. 

        7.03 The
Managing Agent shall indemnify and hold Owner harmless against any claim arising as a result of gross negligence or willful misconduct on the part of the Managing
Agent, its agents, or employees brought by anyone against Owner. 

        7.04 The
indemnifications contained in this Article 7 shall include, but not be limited to, all costs in defending against the suit, attorneys' fees, and any eventual
settlement or judgment amount, plus interest. 

        8.    Termination.    

        At
any time during the term of this Agreement, either the Owner or Managing Agent may, by giving at least three (3) months' prior written notice to the other (the "Termination
Notice"), terminate this Agreement. The date of termination in the Termination Notice must be effective as of the end of calendar month. 

        9.    Arbitration.    

        Any
dispute between the Owner and Managing Agent shall thereupon be promptly submitted to mediation and if unresolved then to arbitration. 

        10.    Reports.    

        10.01 The
Managing Agent shall make reports to the Owner's Board of Directors concerning all affairs connected with the Company under the Managing Agent's control or within
its knowledge whenever requested by the Owner's Board of Directors. 

        10.02 The
Managing Agent shall comply with all-specific instructions of the Owner's Board of Directors that may be expressed in formal resolutions communicated
to the Managing Agent. 

        11.    Application.    

        11.01 Nothing
in this agreement is intended or shall be construed to confer upon or to give to any person, firm, or corporation other than the parties hereto any right,
remedy, or claim under or by reason of this agreement. 

        11.02 All
terms and conditions in this agreement shall be for the sole and exclusive benefit of the parties hereto. 

        12.    Nonassignability.    

        This
agreement is not assignable by the Managing Agent without, the Owner's prior written consent. 

        13.    Entire Agreement.    

        This
Agreement supersedes all agreements previously made between the parties relating to its subject matter. There are no other understandings or agreements between them. 

        14.    Notices.    

        All
notices under this Agreement shall be in writing and delivered personally or mailed by certified mail, postage prepaid, addressed to the parties at their last known addresses. 

        15.    Non-waiver.    

        No
delay or failure by either party to exercise any right under this Agreement, and no partial or single exercise of that right, shall constitute a waiver of that or any other right,
unless otherwise expressly provided herein. 

        16.    Headings.    

        Headings
in this Agreement are for convenience only and shall not be used to interpret or construe its provisions. 

        17.    Governing law.    

        This
Agreement shall be construed in accordance with and governed by the laws of the State of Nevada. 

        18.    Counterparts.    

        This
Agreement may be executed in two or more counterparts, each of which shall be deemed an original but all of which together shall constitute one and the same instrument. 

        19.    Binding Effect.    

        The
provisions of this Agreement shall be binding upon and inure to the benefit of parties and their respective legal representatives, successors, and assigns. 

        IN
WITNESS WHEREOF the parties hereto have duly executed this agreement as of the day and year first above written. 

	Meadow Valley Corporation, a Nevada corporation	 	 
	

By:	
 	

Brad Larson
	
 	

 
	Title:	 	Chief Executive Officer
	 	 
	

Ready Mix, Inc., a Nevada corporation	
 	

 
	

By:	
 	

Robert Morris
	
 	

 
	Title:	 	President
	 	 

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Exhibit 10.07

ADMINISTRATIVE SERVICES AGREEMENT

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