Document:

Exhibit 10.4 

 

EMPLOYMENT AGREEMENT

 

This EMPLOYMENT AGREEMENT
(the “Agreement”), is entered into as of August 26, 2018, by and between Happiness Biotech Group Limited.,
incorporated under the laws of the Cayman Islands (the “Company”), and Jiong Bian, an individual (the “Executive”).
Except with respect to the direct employment of the Executive by the Company, the term “Company” as used herein with
respect to all obligations of the Executive hereunder shall be deemed to include the Company and all of its subsidiaries and affiliated
entities (collectively, the “Group”).

 

RECITALS

 

A. The Company desires to employ the Executive
as its Chief Financial Officer and to assure itself of the services of the Executive during the term of Employment (as defined
below).

 

B. The Executive desires to be employed
by the Company as its Chief Financial Officer during the term of Employment and upon the terms and conditions of this Agreement.

 

AGREEMENT

 

The parties hereto agree as follows:

 

		1.	POSITION

 

The Executive hereby
accepts a position of Chief Financial Officer (the “Employment”) of the Company.

 

		2.	TERM

 

Subject
to the terms and conditions of this Agreement, the initial term of the Employment shall be five (5) years commencing on the closing
date of the Company’s public offering of its Ordinary Shares in the U.S. (the “Effective Date”), unless terminated
earlier pursuant to the terms of this Agreement. The Employment will be renewed automatically for additional one-year terms if
neither the Company nor the Executive provides a notice of termination of the Employment to the other party or otherwise proposes
to re-negotiate the terms of the Employment with the other party within three months prior to the expiration of the applicable
term.

 

		3.	DUTIES
AND RESPONSIBILITIES

 

		(a)	The
Executive’s duties at the Company will include all jobs assigned by the Company’s Board of the Directors (the “Board”).

 

	 	(b)	The Executive shall devote all of his working time, attention and skills to the performance of his duties at the Company and shall faithfully and diligently serve the Company in accordance with this Agreement, the Certificate of Incorporation and Bylaws of the Company, as amended and restated from time to time (the “Charter Documents”), and the guidelines, policies and procedures of the Company approved from time to time by the Board.

 

	 	(c)	
        The Executive shall use his best
efforts to perform his duties hereunder. The Executive shall not, without the prior written consent of the Board, become an employee
of any entity other than the Company and any subsidiary or affiliate of the Company, and shall not be concerned or interested
in any business or entity that engages in the same business in which the Company engages (any such business or entity, a “Competitor”),
provided that nothing in this clause shall preclude the Executive from holding any shares or other securities of any Competitor
that is listed on any securities exchange or recognized securities market anywhere if such shares or securities represent less
than 5% of the competitors outstanding shares and securities. The Executive shall notify the Company in writing of his interest
in such shares or securities in a timely manner and with such details and particulars as the Company may reasonably require

 

    	 	1	 

     

    

 

		4.	NO
BREACH OF CONTRACT

 

The Executive
hereby represents to the Company that: (i) the execution and delivery of this Agreement by the Executive and the performance
by the Executive of the Executive’s duties hereunder shall not constitute a breach of, or otherwise contravene, the terms
of any other agreement or policy to which the Executive is a party or otherwise bound, except for agreements entered into by and
between the Executive and any member of the Group pursuant to applicable law, if any; (ii) that the Executive has no information
(including, without limitation, confidential information and trade secrets) relating to any other person or entity which would
prevent, or be violated by, the Executive entering into this Agreement or carrying out his duties hereunder; (iii) that the
Executive is not bound by any confidentiality, trade secret or similar agreement (other than this) with any other person or entity
except for other member(s) of the Group, as the case may be.

 

		5.	Intentionally
Ommitted

  

		6.	COMPENSATION
AND BENEFITS

 

	 	(a)	Base Salary. The Executive’s initial base salary shall be 35,000.00. U.S. Dollars per year, paid in periodic installments in accordance with the Company’s regular payroll practices, and such compensation is subject to annual review and adjustment by the Board.

 

		(b)	Bonus.
The Executive shall be eligible for Bonuses determined by the Board.

 

		(c)	Equity
Incentives. To the extent the Company adopts and maintains a share incentive plan, the Executive will be eligible to participate
in such plan pursuant to the terms thereof as determined by the Board.

 

		(d)	Benefits.
The Executive is eligible for participation in any standard employee benefit plan of the Company that currently exists or may
be adopted by the Company in the future, including, but not limited to, any retirement plan, life insurance plan, health insurance
plan and travel/holiday plan.

 

		(e)	Expenses.
The Executive shall be entitled to reimbursement by the Company for all reasonable ordinary and necessary travel and other expenses
incurred by the Executive in the performance of his duties under this Agreement; provided that he properly accounts for such expenses
in accordance with the Company’s policies and procedures.

 

	 	7.	TERMINATION OF THE AGREEMENT

 

	 	(a)	By the Company.

 

(i) For Cause.
The Company may terminate the Employment for cause, at any time, without notice or remuneration (unless notice or remuneration
is specifically required by applicable law, in which case notice or remuneration will be provided in accordance with applicable
law), if:

 

(1) the Executive is convicted
or pleads guilty to a felony or to an act of fraud, misappropriation or embezzlement,

 

(2) the Executive has been grossly
negligent or acted dishonestly to the detriment of the Company,

 

(3) the Executive has engaged
in actions amounting to willful misconduct or failed to perform his duties hereunder and such failure continues after the Executive
is afforded a reasonable opportunity to cure such failure; or

 

(4) the Executive violates Section
8 or 10 of this Agreement.

 

    	 	2	 

     

    

 

Upon termination for cause, the
Executive shall be entitled to the amount of base salary earned and not paid prior to termination. However, the Executive will
not be entitled to receive payment of any severance benefits or other amounts by reason of the termination, and the Executive’s
right to all other benefits will terminate, except as required by any applicable law.

 

(ii) For death
and disability. The Company may also terminate the Employment, at any time, without notice or remuneration (unless notice or
remuneration is specifically required by applicable law, in which case notice or remuneration will be provided in accordance with
applicable law), if:

 

(1) the Executive has died, or

 

(2) the Executive has a disability
which shall mean a physical or mental impairment which, as reasonably determined by the Board, renders the Executive unable to
perform the essential functions of his employment with the Company, with or without reasonable accommodation, for more than 120
days in any 12-month period, unless a longer period is required by applicable law, in which case that longer period would apply.

 

Upon termination for death or
disability, the Executive shall be entitled to the amount of base salary earned and not paid prior to termination. However, the
Executive will not be entitled to receive payment of any severance benefits or other amounts by reason of the termination, and
the Executive’s right to all other benefits will terminate, except as required by any applicable law.

 

(iii) Without
Cause. The Company may terminate the Employment without cause, at any time, upon one-month prior written notice. Upon termination
without cause, the Company shall provide the following severance payments and benefits to the Executive: (1) a lump sum cash
payment equal to1 months of the Executive’s base salary as of the date of such termination; (2) a lump sum cash payment
equal to a pro-rated amount of his target annual bonus for the year immediately preceding the termination, if any; (3) payment
of premiums for continued health benefits under the Company’s health plans for 12 months fo1lowing the termination, if any;
and (4) immediate vesting of 100% of the then-unvested portion of any outstanding equity awards held by the Executive.

 

Upon termination without, the
Executive shall be entitled to the amount of base salary earned and not paid prior to termination.

 

(iv) Change of Control
Transaction. If the Company or its successor terminates the Employment upon a merger, consolidation, or transfer or sale of
all or substantially all of the assets of the Company with or to any other individual(s) or entity (the “Change of Control
Transaction”), the Executive shall be entitled to the following severance payments and benefits upon such termination:
(1) a lump sum cash payment equal to 1  months of the Executive’s base salary at a rate equal to the greater of
his/her annual salary in effect immediate1y prior to the termination, or his/her then current annua1 salary as of the date of such
termination; (2) a lump sum cash payment equal to a pro-rated amount of his/her target annual bonus for the year immediately
preceding the termination; (3) payment of premiums for continued health benefits under the Company’s health plans for
12 months fo1lowing the termination; and (4) immediate vesting of 100% of the then-unvested portion of any outstanding equity
awards held by the Executive.

 

		(b)	By
the Executive. The Executive may terminate the Employment at any time with a one-month prior written notice to the Company,
if (1) there is a material reduction in the Executive’s authority, duties and responsibilities, or (2) there is
a material reduction in the Executive’s annual salary. Upon the Executive’s termination of the Employment due to either
of the above reasons, the Company shall provide compensation to the Executive equivalent to 1 months of the Executive’s
base salary that he is entitled to immediately prior to such termination. In addition, the Executive may resign prior to the expiration
of the Agreement if such resignation is approved by the Board or an alternative arrangement with respect to the Employment is
agreed to by the Board.

 

	 	(c)	Notice of Termination. Any termination of the Executive’s employment under this Agreement shall be communicated by written notice of termination from the terminating party to the other party. The notice of termination shall indicate the specific provision(s) of this Agreement relied upon in effecting the termination.

 

    	 	3	 

     

    

 

		8.	CONFIDENTIALITY
AND NON-DISCLOSURE

 

	 	(a)	Confidentiality and Non-disclosure. The Executive hereby agrees at all times during the term of the Employment and after his termination, to hold in the strictest confidence, and not to use, except for the benefit of the Company, or to disclose to any person, corporation or other entity without prior written consent of the Company, any Confidential Information. The Executive understands that “Confidential Information” means any proprietary or confidential information of the Company, its affiliates, or their respective clients, customers or partners, including, without limitation, technical data, trade secrets, research and development information, product plans, services, customer lists and customers, supplier lists and suppliers, software developments, inventions, processes, formulas, technology, designs, hardware configuration information, personnel information, marketing, finances, information about the suppliers, joint ventures, franchisees, distributors and other persons with whom the Company does business, information regarding the skills and compensation of other employees of the Company or other business information disclosed to the Executive by or obtained by the Executive from the Company, its affiliates, or their respective clients, customers or partners, either directly or indirectly, in writing, orally or otherwise, if specifically indicated to be confidential or reasonably expected to be confidential. Notwithstanding the foregoing, Confidential Information shall not include information that is generally available and known to the public through no fault of the Executive.

 

	 	(b)	Company Property. The Executive understands that all documents (including computer records, facsimile and e-mail) and materials created, received or transmitted in connection with his work or using the facilities of the Company are property of the Company and subject to inspection by the Company at any time. Upon termination of the Executive’s employment with the Company (or at any other time when requested by the Company), the Executive will promptly deliver to the Company all documents and materials of any nature pertaining to his work with the Company and will provide written certification of his compliance with this Agreement. Under no circumstances will the Executive have, following his   termination, in his possession any property of the Company, or any documents or materials or copies thereof containing any Confidential Information.

 

	 	(c)	Former Employer Information. The Executive agrees that he has not and will not, during the term of his employment, (i) improperly use or disclose any proprietary information or trade secrets of any former employer or other person or entity with which the Executive has an agreement or duty to keep in confidence information acquired by Executive, if any, or (ii) bring into the premises of the Company any document or confidential or proprietary information belonging to such former employer, person or entity unless consented to in writing by such former employer, person or entity. The Executive will indemnify the Company and hold it harmless from and against all claims, liabilities, damages and expenses, including reasonable attorneys’ fees and costs of suit, arising out of or in connection with any violation of the foregoing.

 

	 	(d)	Third Party Information. The Executive recognizes that the Company may have received, and in the future may receive, from third parties their confidential or proprietary information subject to a duty on the Company’s part to maintain the confidentiality of such information and to use it only for certain limited purposes. The Executive agrees that the Executive owes the Company and such third parties, during the Executive’s employment by the Company and thereafter, a duty to hold all such confidential or proprietary information in the strictest confidence and not to disclose it to any person or firm and to use it in a manner consistent with, and for the limited purposes permitted by, the Company’s agreement with such third party.

 

This Section 8 shall
survive the termination of this Agreement for any reason. In the event the Executive breaches this Section 8, the Company shall
have right to seek remedies permissible under applicable law.

 

    	 	4	 

     

    

 

		9.	CONFLICTING
EMPLOYMENT.

 

The Executive
hereby agrees that, during the term of his employment with the Company, he or she will not engage in any other employment, occupation,
consulting or other business activity related to the business in which the Company is now involved or becomes involved during the
term of the Executive’s employment, nor will the Executive engage in any other activities that conflict with his obligations
to the Company without the prior written consent of the Company.

 

		10.	NON-COMPETITION
AND NON-SOLICITATION

 

In consideration
of the salary paid to the Executive by the Company and subject to applicable law, the Executive agrees that during the term of
the Employment and for a period of one (1) year following the termination of the Employment for whatever reason:

 

	 	(a)	The Executive will not approach clients, customers or contacts of the Company or other persons or entities introduced to the Executive in the Executive’s capacity as a representative of the Company for the purposes of doing business with such persons or entities which will harm the business relationship between the Company and such persons and/or entities;

 

	 	(b)	The Executive will not assume employment with or provide services as a director or otherwise for any Competitor, or engage, whether as principal, partner, licensor or otherwise, in any Competitor; and

 

	 	(c)	The Executive will not seek, directly or indirectly, by the offer of alternative employment or other inducement whatsoever, to solicit the services of any employee of the Company employed as at or after the date of such termination, or in the year preceding such termination.

 

The provisions contained
in Section 10 are considered reasonable by the Executive and the Company. In the event that any such provisions should be
found to be void under applicable laws but would be valid if some part thereof was deleted or the period or area of application
reduced, such provisions shall apply with such modification as may be necessary to make them valid and effective.

 

This Section 10 shall
survive the termination of this Agreement for any reason. In the event the Executive breaches this Section 10, the Executive acknowledges
that there will be no adequate remedy at law, and the Company shall be entitled to injunctive relief and/or a decree for specific
performance, and such other relief as may be proper (including monetary damages if appropriate). In any event, the Company shall
have right to seek all remedies permissible under applicable law.

 

		11.	WITHHOLDING
TAXES

 

Notwithstanding anything
else herein to the contrary, the Company may withhold (or cause there to be withheld, as the case may be) from any amounts otherwise
due or payable under or pursuant to this Agreement such national, provincial, local or any other income, employment, or other taxes
as may be required to be withheld pursuant to any applicable law or regulation.

 

		12.	ASSIGNMENT

 

This Agreement is personal
in its nature and neither of the parties hereto shall, without the consent of the other, assign or transfer this Agreement or any
rights or obligations hereunder; provided, however, that (i) the Company may assign or transfer this Agreement or any rights
or obligations hereunder to any member of the Group without such consent, and (ii) in the event of a Change of Control Transaction,
this Agreement shall, subject to the provisions hereof, be binding upon and inure to the benefit of such successor and such successor
shall discharge and perform all the promises, covenants, duties, and obligations of the Company hereunder.

 

		13.	SEVERABILITY

 

If any provision of
this Agreement or the application thereof is held invalid, the invalidity shall not affect other provisions or applications of
this Agreement which can be given effect without the invalid provisions or applications and to this end the provisions of this
Agreement are declared to be severable.

 

    	 	5	 

     

    

 

		14.	ENTIRE
AGREEMENT

 

This Agreement constitutes
the entire agreement and understanding between the Executive and the Company regarding the terms of the Employment and supersedes
all prior or contemporaneous oral or written agreements concerning such subject matter, including any prior agreements between
the Executive and a member of the Group. The Executive acknowledges that he or she has not entered into this Agreement in reliance
upon any representation, warranty or undertaking which is not set forth in this Agreement. Any amendment to this Agreement must
be in writing and signed by the Executive and the Company.

 

		15.	GOVERNING
LAW; JURISDICTION

 

This Agreement shall
be governed by and construed in accordance with the laws of the State of New York and each of the parties irrevocably consents
to the jurisdiction and venue of the federal and state courts located in New York.

 

		16.	AMENDMENT

 

This Agreement may
not be amended, modified or changed (in whole or in part), except by a formal, definitive written agreement expressly referring
to this Agreement, which agreement is executed by both of the parties hereto.

 

		17.	WAIVER

 

Neither the failure
nor any delay on the part of a party to exercise any right, remedy, power or privilege under this Agreement shall operate as a
waiver thereof, nor shall any single or partial exercise of any right, remedy, power or privilege preclude any other or further
exercise of the same or of any right, remedy, power or privilege, nor shall any waiver of any right, remedy, power or privilege
with respect to any occurrence be construed as a waiver of such right, remedy, power or privilege with respect to any other occurrence.
No waiver shall be effective unless it is in writing and is signed by the party asserted to have granted such waiver.

 

		18.	NOTICES

 

All notices, requests,
demands and other communications required or permitted under this Agreement shall be in writing and shall be deemed to have been
duly given and made if (i) delivered by hand, (ii) otherwise delivered against receipt therefor, or (iii) sent by
a recognized courier with next-day or second-day delivery to the last known address of the other party.

 

		19.	COUNTERPARTS

 

This Agreement may
be executed in any number of counterparts, each of which shall be deemed an original as against any party whose signature appears
thereon, and all of which together shall constitute one and the same instrument. This Agreement shall become binding when one or
more counterparts hereof, individually or taken together, shall bear the signatures of all of the parties reflected hereon as the
signatories.

 

Photographic copies
of such signed counterparts may be used in lieu of the originals for any purpose.

 

		20.	NO
INTERPRETATION AGAINST DRAFTER

 

Each party recognizes
that this Agreement is a legally binding contract and acknowledges that it, he or she has had the opportunity to consult with legal
counsel of choice. In any construction of the terms of this Agreement, the same shall not be construed against either party on
the basis of that party being the drafter of such terms.

 

[Remainder of this page has been intentionally
left blank.]

 

    	 	6	 

     

    

 

IN WITNESS WHEREOF, this Agreement has
been executed as of the date first written above.

 

	 	Happiness Biotech Group Limited.
	 	 	 
	
         
	
        By:
	/s/
    Xuezhu Wang
	 	Name:	Xuezhu Wang     
	 	Title:	Sole Director    

 

	 	Executive
	 	 	
	 	Signature:	 /s/ Jiong
    Bian
	 	Name:	Jiong Bian

 

    	 	7pzn-ex1036_360.htm

 

Exhibit 10.36

FIRST AMENDMENT OF LEASE

THIS FIRST AMENDMENT OF LEASE (this “Amendment”) is made as of the 8th day of November, 2018, between MUTUAL OF AMERICA LIFE INSURANCE COMPANY, a New York corporation, having an office at 320 Park Avenue, New York, New York 10022 (hereinafter referred to as “Landlord”), and PZENA INVESTMENT MANAGEMENT, LLC, a Delaware limited liability company, having its principal office at 320 Park Avenue, 8th Floor, New York, New York 10022 (hereinafter referred to as “Tenant”).  

WHEREAS, Landlord and Tenant entered into a lease, dated as of June 13, 2014 (the “Original Lease”; and together with this Amendment, the “Lease”), of the entire rentable area of the eighth (8th) floor (the “Original Demised Premises”) in the building (the “Building”) known as 320 Park Avenue, New York, New York; and

WHEREAS, Tenant desires to hire and take additional space, consisting of a portion of the ninth (9th) floor of the Building (the “9th Floor”), consisting of 8,042 rentable square feet, as more particularly described on the floor plan annexed hereto as Exhibit “A” and made a part hereof (the “Expansion Premises”), and Landlord is agreeable thereto on the terms and conditions hereinafter set forth;

NOW, THEREFORE, in consideration of the mutual covenants herein contained, and other good and valuable consideration the receipt and sufficiency of which are hereby conclusively acknowledged, Landlord and Tenant hereby agree as follows:

1.Effective Date; Commencement Date. 

(a)This Amendment shall be in full force and effect from and after December 1, 2018 (the “Effective Date”).  On the Effective Date, the Lease shall be deemed to be amended so that the Expansion Premises shall be added to and become part of the premises demised under the Lease (with the Original Demised Premises and the Expansion Premises being thereafter collectively referred to as the “Demised Premises”).

(b)For the period commencing on the Effective Date and ending on the Commencement Date (the “License Period”), Tenant hereby grants Landlord, and Landlord’s agents, employees and contractors, a license to utilize and access the Expansion Premises for the purpose of performing the work as described on Exhibit “B” attached hereto and made a part hereof (such work, “Landlord’s Work”), it being understood and agreed that during the License Period, (i) Tenant shall have no right to access or utilize the Expansion Premises for any purposes other than for Tenant’s Early Access Activities (as hereinafter defined), and (ii) provided that Tenant shall have complied with the provisions of the immediately preceding clause (i), Tenant shall not incur any liability in connection with, nor shall Tenant be responsible for any Fixed Rent or Recurring Additional Rent, or any maintenance, repair, insurance or indemnity obligations or requirements, set forth in the Lease with respect to the Expansion Premises except if and to the extent incurred or required in connection with Tenant’s Early Access Activities.  

 

(c)Landlord agrees to perform (at Landlord’s cost and expense) and substantially complete Landlord’s Work on or before February 1, 2019 (the “Target Completion Date”), subject to any extension of the Target Completion Date on a day-for-day basis as a result of a Force Majeure Event and/or Tenant’s Delay (as hereinafter defined) (it being agreed that the date that (i) Landlord’s Work has been substantially completed (as determined by Landlord in Landlord’s reasonable discretion), and (ii) the Expansion Premises is in vacant and broom-clean condition, shall be hereinafter referred to as the “Commencement Date”).  Landlord shall deliver notice to Tenant (which notice may be by e-mail to nones@pzena.com, with a copy to  legal@pzena.com) of the anticipated Commencement Date at least ten (10) days prior to such anticipated Commencement Date.  Subject to Landlord’s obligation to satisfy the conditions set forth in clauses (i) and (ii) of this Section 1(c) on or before the Commencement Date, Tenant agrees to accept the Expansion Premises on the Effective Date in its “as is” condition.  As used herein, the terms “substantially complete” and “substantially completed” shall mean, with respect to any Landlord’s Work, that such work shall have been completed substantially in accordance with the applicable provisions of the Lease (including having obtained all governmental permits required in order to perform such Landlord’s Work, as well as compliance with all other Legal Requirements applicable thereto, except for minor details of construction, decoration and mechanical adjustments, if any, the non-completion of which does not materially interfere with Tenant’s use of the Expansion Premises for the ordinary conduct of Tenant’s business (collectively, “punch list items”), it being agreed that Landlord shall nevertheless use commercially reasonable efforts to complete the punch list items within thirty (30) days following the Commencement Date.  

(d)Landlord shall not be obligated to perform any work whatsoever to prepare the Expansion Premises for Tenant’s occupancy except for Landlord’s Work.  All materials, work, labor, fixtures and installations required for completion of the Expansion Premises, and the operation of Tenant’s business thereat, other than Landlord’s Work, shall (subject to the provisions of Article 5 of the Original Lease) be furnished and performed by Tenant, at Tenant’s own cost and expense. Landlord shall not be obligated to perform any work whatsoever under this Amendment in connection with the Original Demised Premises.  Any all provisions of the Original Lease concerning the performance by Landlord of any work in connection with the preparation of the Original Demised Premises for Tenant’s occupancy thereof and any related monetary contribution, rent abatement or rent credit shall be deemed deleted therefrom with respect to the Expansion Premises.

(e)Notwithstanding anything to the contrary contained herein, during the License Period, Tenant shall be permitted to access the Expansion Premises to perform certain activities in the nature of inspections, taking measurements, making plans and installing its telecommunications cabling (collectively, “Tenant’s Early Access Activities”) provided that:  (i) Tenant shall not use or occupy the Expansion Premises or any portion thereof except if and to the extent that, in Landlord’s sole but reasonable judgement, it is safe for Tenant to do so; (ii) Tenant shall not enter the Expansion Premises for the purposes of Tenant’s Early Access Activities if the performance or use or occupancy thereof would result in any Tenant’s Delay (as hereinafter defined); (iii) Landlord and Tenant shall reasonably cooperate with each other to perform Landlord’s Work and Tenant’s Early Access Activities, respectively, in a manner so as to minimize interference with each other; it being agreed, however, that Landlord’s Work shall be deemed to have priority over Tenant’s Early Access Activities; and (iv) Tenant’s installation 

2

 

of telecommunications cabling must be performed subject to, and in compliance with, all applicable Legal Requirements and the provisions of Article 5 and the other applicable provisions of the Lease (including, without limitation, Tenant’s maintenance, repair, insurance and indemnity obligations and requirements set forth in the Lease).  If, notwithstanding the foregoing, Tenant’s performance of any part of Tenant’s Early Access Activities does in any way result in Tenant’s Delay, then, upon Tenant’s receipt of notice from Landlord as to the same, Tenant shall immediately stop any such work or other activity that causes such Tenant’s Delay.  For the purposes hereof, “Tenant’s Delay” shall be deemed to have occurred if any work or other activity being performed as part of Tenant’s Early Access Activities, or any other work, use or occupancy of the Expansion Premises by Tenant or any Person Within Tenant’s Control (which other work, use or occupancy would, for the avoidance of doubt, be in violation of the provisions of clause (i) of Section 1(b) above), actually delays the performance or completion of any part of Landlord’s Work.  

(f)If Landlord shall be unable to deliver possession of the Expansion Premises on any particular or estimated date by reason of the fact that the Expansion Premises is not ready for occupancy, or for any other reason, then Landlord shall not be subjected to any liability for the failure to give possession on said date.  Tenant agrees that Landlord shall have no liability whatsoever to Tenant in the event that the  Commencement Date shall not have occurred on the Target Completion Date or on any other particular date, and no such failure shall affect the validity of the Lease or the obligations of Tenant hereunder or be deemed to extend the Lease Term applicable to the Expansion Premises and/or the Original Demised Premises, but neither the rent reserved and covenanted to be paid hereunder (with respect only to the Expansion Premises) nor the Expansion Rent Concession Period shall commence until the Expansion Rent Commencement Date (as hereinafter defined) and the Commencement Date, respectively, shall each have each occurred.  Without limiting the generality of the foregoing, Tenant expressly waives the provisions of Section 223-a of the Real Property Law, and agrees that the provisions of this Section 2 are intended to constitute an express “provision to the contrary” within the meaning of said Section 223-a.  

(g)Promptly following the Expansion Rent Commencement Date, Landlord and Tenant shall execute and deliver a supplementary agreement (in the form annexed hereto as Exhibit “C”, and pertaining to the matters set forth therein) setting forth the Commencement Date and the Expansion Rent Commencement Date, but the failure to so execute or deliver said supplementary agreement shall not in any way reduce Tenant's obligations or Landlord’s rights under the Lease.

2.Fixed Rent and Concession Period. 

(a)Tenant covenants and agrees that, during the entire Expansion Lease Term (as hereinafter defined), Tenant shall pay to Landlord the Fixed Rent at the annual rate set forth in Section 2(b) hereof, in equal monthly installments, in advance, on the first day of each calendar month during the Expansion Lease Term, at the office of Landlord (or, upon no less than thirty (30) days’ written notice to Tenant, such other place as Landlord may designate, without any abatement, reduction, setoff, counterclaim, defense or deduction whatsoever; it being agreed, however, that if Tenant shall not then be in default of any of Tenant’s obligations under the Lease beyond any applicable notice and cure periods, Landlord hereby excuses 

3

 

Tenant’s obligation to pay any Fixed Rent and Recurring Additional Rent for the period (the “Expansion Rent Concession Period”) beginning on the Effective Date and ending on the day immediately preceding the Expansion Rent Commencement Date.  As used herein, herein the “Expansion Rent Commencement Date” shall mean the later to occur of (i) the date that is ninety (90) days after the Commencement Date, and (ii) May 1, 2019. In the event that the Expansion Rent Commencement Date shall commence on a date which shall be other than the first day of a calendar month, Fixed Rent for the Expansion Premises shall be prorated at the rental rate applicable during the first year of the Expansion Lease Term, and shall be paid by Tenant to Landlord together with the first full monthly installment of Fixed Rent applicable to the Expansion Premises as shall become due hereunder.

(b)“Fixed Rent” for the Expansion Premises shall be deemed to be as follows:

(i)Commencing on the Expansion Rent Commencement Date and continuing through the date immediately preceding the fourth (4th) anniversary of the Expansion Rent Commencement Date, Five Hundred Ninety Five Thousand One Hundred Eight and 00/100 ($595,108.00) Dollars per annum, to be paid by Tenant in equal monthly installments of $49,592.33, and

(ii)Commencing on the fourth (4th) anniversary of the Expansion Rent Commencement Date and continuing through and including the Expiration Date, Six Hundred Twenty Seven Thousand Two Hundred Seventy-Six and 00/100 ($627,276.00) Dollars per annum, to be paid by Tenant in equal monthly installments of $52,273.00.

3.Lease Modifications.  Effective as of the Effective Date (but subject to the provisions of Section 2(a) above):

(a)Definitions. Article 1 of the Original Lease shall be deemed modified as follows (it being agreed that Article 1 shall remain unmodified with respect to the Original Demised Premises):

(i)“Base Operating Year” for the Expansion Premises only, shall mean the calendar year 2019.

(ii)“Base Tax Amount” for the Expansion Premises only, shall mean the amount of Taxes with respect to calendar year 2019.  The Base Tax amount shall be determined by averaging the Taxes with respect to (i) the fiscal year commencing July 1, 2018, and ending June 30, 2019, and (ii) the fiscal year commencing July 1, 2019, and ending June 30, 2020.  By way of example only, if the Taxes for the 2018/2019 fiscal year were $100,0000, and the Taxes for the 2019/2020 fiscal year were $120,000, the Base Tax Amount would be equal to $110,000.

(iii)“Designated Brokers” shall, for the Expansion Premises only, mean, collectively, Jones Lang LaSalle Brokerage, Inc. and Savills Studley. 

(iv) “Expansion Lease Term” shall mean the period of years (and/or portions thereof) that the Lease shall be in effect commencing on the Effective Date and 

4

 

ending on the Expiration Date (i.e., December 31, 2025), unless sooner terminated as provided in the Lease or by law.  For purposes of clarity and the avoidance of doubt, following the Effective Date, the Expansion Lease Term shall be co-terminus with the Lease Term.  

(v)“Expansion Security Deposit Amount” shall, for the Expansion Premises only, mean, subject to Section 5 below,  Two Hundred Ninety Seven Thousand Five Hundred Fifty-Four and 00/100 (297,554.00) Dollars.

(vi) “Rentable Square Feet” for the Expansion Premises shall be deemed to be 8,042 square feet. 

(vii)“Tenant’s Operating Share” shall, for the Expansion Premises only, mean 1.09%, for so long as Landlord shall own the entire Building.  If a portion or portions of the Building (but not the entire Building) shall be sold, transferred or conveyed, then Tenant’s Operating Share for the Expansion Premises shall be changed to that percentage which shall be equal to a fraction, the numerator of which shall be the Rentable Square Feet, and the denominator of which shall be the aggregate rentable square feet of office space in that portion of the Building owned by Landlord at such time (and from time to time), as determined by a reputable, independent architect engaged by Landlord.

(viii)“Tenant’s Tax Share” shall, for the Expansion Premises only, mean 1.05%, for so long as Landlord shall own the entire Building.  If a portion or portions of the Building (but not the entire Building) shall be sold, transferred or conveyed, then Tenant’s Tax Share shall be changed to that percentage which shall be equal to a fraction, the numerator of which shall be the Rentable Square Feet, and the denominator of which shall be the aggregate rentable square feet of office space and retail space in that portion of the Building owned by Landlord at such time (and from time to time), as determined by a reputable, independent architect engaged by Landlord.

(b)Modifications.  From and after the Effective Date (but subject to the provisions of Section 2(a) above):

(i)With respect only to the Expansion Premises, the “Base Electric Charge” set forth in Subsection 20.03B of the Original Lease shall mean the amount of $30,429.44 per annum.  

(ii)All references in the Lease, (A) to the “Lease”, shall refer to the Original Lease, as amended by this Amendment, (B) “Demised Premises” shall be deemed to refer collectively to the Original Demised Premises and the Expansion Premises, (C) to “Term” or “Lease Term” shall be deemed to refer to a coterminous term for the Original Demised Premises and the Expansion Premises, expiring on the Expiration Date, and (C) to the “Expiration Date” shall be deemed to refer collectively to the Expiration Date for the Original Demised Premises and the Expansion Premises (subject to extension by renewal pursuant to and in accordance with the terms and conditions set forth in Article 34 of the Original Lease, it being agreed that (x) Expiration Date with respect to the Expansion Premises shall at all times be coterminous with the Expiration Date of the Original Demised Premises, and (y) the renewal 

5

 

options set forth in Article 34 of the Original Lease must be exercised with respect to both the Original Demised Premises and the Expansion Premises). 

(iii)All references in the Lease to the “Security Deposit Amount” shall be deemed to refer to (i) with respect to the Original Demised Premises, the “Security Deposit Amount” and (ii) with respect to the Expansion Premises, the “Expansion Security Deposit Amount”.

(iv)All references to the “Exempt Sublease” in the Lease (including in Subsection 10.03C thereof) shall be applicable only to the Original Demised Premises and shall be deemed inapplicable and deleted with respect to the Expansion Premises.

(v)The following is added to the Lease as Section 20.11:

 “With respect to the electricity provided solely to the 9th Floor Common Equipment (as hereinafter defined), from and after the Expansion Rent Commencement Date, Tenant shall pay, on a pro rata basis with other occupants of the 9th Floor, Tenant’s pro rata share (“Tenant’s Pro Rata Share”) of all electricity necessary or used in connection the 9th Floor Common Equipment (the “9th Floor Common Equipment Electric Cost”), as measured by one or more submeters measuring the same, at Landlord’s Electricity Cost with respect thereto plus five (5%) percent thereof (which five (5%) charge represents a reimbursement to Landlord for administrative services in connection with supplying, measuring and billing the 9th Floor Common Equipment Electric Cost and for transmission and transformer losses).  Tenant’s Pro Rata Share shall be a percentage, computed on the basis of a fraction, the numerator of which shall be the rentable square footage of the Expansion Premises (i.e., 8,042 rentable square feet as of the date hereof) and the denominator of which shall be 36,996), subject to the provisions of the immediately following sentence.  Landlord and Tenant acknowledge and agree that Tenant’s Pro Rata Share as of the Effective Date is 21.74% percent; it being agreed, however, that Tenant’s Pro Rata Share shall be 100% during any period of time that no other portion of the 9th Floor has been constructed for occupancy by another tenant or occupant.  Landlord may at any time render bills for Tenant’s Pro Rata Share of the 9th Floor Common Equipment Electric Cost in accordance with the foregoing provisions, and Tenant shall pay all amounts shown on said bills to Landlord, as additional rent, within twenty (20) days following the date that such bills shall have been rendered.  For purposes hereof, the term “9th Floor Common Equipment” shall mean, collectively, (a) the receptacles and lighting fixtures servicing the common bathroom located on the 9th Floor, (b) the common corridor located on the 9th Floor, and (c) the elevator lobby located on the 9th Floor.”

(vi)With respect to an assignment of the Lease, for purposes of calculating any Profit with respect to the Expansion Premises only, Subsection 10.07(A)(i) shall be deleted in its entirety and replaced as follows: 

“(i)in the case of an assignment, fifty (50%) percent of the amount by which (x) all amounts and other consideration due or payable to Tenant and/or Tenant’s designee for or by reason of such assignment (including all amounts due or payable for 

6

 

the sale or rental of Tenant’s fixtures, leasehold improvements, equipment, furniture, furnishings or other personal property with respect to the Expansion Premises only), exceed the sum of the amount of the following reasonable and customary out-of-pocket expenses incurred by Tenant with respect to the Expansion Premises only, but only if and to the extent actually incurred and paid by Tenant to unrelated third parties in connection with such assignment:  (a) brokerage commissions, (b) advertising expenses, and (c) the cost of Alterations made by Tenant to prepare the Expansion Premises for occupancy by the assignee, or the amount of a “contribution” made to the assignee by Tenant in lieu thereof, (d) attorneys' fees and disbursements, and (e) any other concessions or amounts that Tenant makes or pays to or on behalf of said assignee (including the payment by Tenant of any portion of Fixed Rent or Recurring Additional Rent with respect to the Expansion Premises only for any period following the effective date of said assignment), but only if such payments are being made by reason of the assignment of the Lease, and not by reason of any other aspect of the transaction between Tenant and said assignee.”

(vii)With respect to any sublet of the Demised Premises that includes all or any portion of the Expansion Premises, for purposes of calculating any Profit with respect to the Expansion Premises only, Section 10.07(A)(ii) shall deleted in its entirety and replaced as follows: 

“(ii)in the case of a sublease of all or a portion of the Expansion Premises only, fifty (50%) percent of the amount by which (x) the sum of (1) all rents, additional rents and other consideration due or payable under the sublease to Tenant by the subtenant for such portion of the Expansion Premises, and (2) all other amounts and consideration due or payable to Tenant or Tenant’s designee for or by reason of such subletting of such portion of the Expansion Premises (including all amounts due or payable for the sale or rental of Tenant’s fixtures, leasehold improvements, equipment, furniture or other personal property allocated thereto), exceed (y) the sum of (1) that part of the Fixed Rent and additional rent hereunder allocable to the subleased space and accruing for the corresponding period during the term of the sublease, and (2) the amount of the following reasonable and customary out-of-pocket expenses (allocated on a straight-line basis over the term of the sublease), but only if and to the extent actually incurred and paid by Tenant to unrelated third parties in connection with such sublease of such portion of the Expansion Premises:  (a) brokerage commissions, (b) advertising expenses, (c) the cost of Alterations made by Tenant to prepare the subleased premises for occupancy by the subtenant, or the amount of a “contribution” made to the subtenant by Tenant in lieu thereof, (d) attorneys' fees and disbursements, and (e) any other concessions or amounts that Tenant makes or pays to or on behalf of said subtenant (other than any rent abatement or credit, or similar right to occupy the subleased premises on a complete or partial rent-free basis, granted to said subtenant), but only if such payments are being made by reason of the sublease of the relevant portion of the Expansion Premises, and not by reason of any other aspect of the transaction between Tenant and said subtenant.”

4.Security Deposit Amount.  Upon execution of this Amendment, Tenant shall deliver the Expansion Security Deposit Amount to Landlord.  Article 33 of the Original Lease shall govern with respect to any use, application or retainage by Landlord, or any return 

7

 

thereof to Tenant, of such Expansion Security Deposit Amount.  In satisfaction of Tenant’s obligation to deliver the Expansion Security Amount, Landlord shall accept a new Letter of Credit, or an amendment of the existing Letter of Credit previously deposited by Tenant with Landlord, in each case in the amount of the Expansion Security Deposit Amount.  Subject to the provisions of Subsection 33.03C of the Original Lease in all respects, if no Event of Default shall have occurred at any time during the Lease Term, and provided that Tenant shall not then be in default with respect to any of the terms, provisions, covenants, agreements and conditions of the Lease, Tenant shall be permitted, in accordance with the provisions of Subsection 33.03C of the Original Lease, to reduce the amount of the Expansion Security Deposit Amount on the second (2nd) anniversary of the Expansion Rent Commencement Date to $198,369.33, it being agreed, however, that at no time during the Expansion Lease Term shall the Letter of Credit furnished to Landlord with respect to the Expansion Security Deposit be reduced to an amount less than $198,369.33.  

5.Signage.  The initially named Tenant under the Lease (i.e., Pzena Investment Management, LLC) shall be permitted to install identification signage on the entry door to the Expansion Premises, and directional signage in the 9th Floor elevator lobby, in each case subject to Landlord’s approval as to the precise location, dimensions and motif thereof, such approval not to be unreasonably withheld.  Any additional signage requested by Tenant shall be governed by the provisions of Subsection 10.15 of the Original Lease. 

6.Brokers. Tenant represents and warrants to Landlord that Tenant has not employed, dealt or negotiated with any broker in connection with this Amendment, and Tenant shall indemnify, protect, defend and hold Landlord harmless from and against any and all liability, damage, cost and expense (including reasonable attorneys’ fees and disbursements) arising out of any claim for a fee or commission by any broker or other party in connection with this Amendment and the leasing by Tenant of the Expansion Premises.  The provisions of this Section 6 shall not apply to the Designated Broker. Landlord agrees to pay the Designated Broker’s commission in accordance with separate agreements between Landlord and the Designated Broker.  Landlord represents to Tenant that Landlord has not employed, dealt or negotiated with any broker (other than the Designated Broker) in connection with this Amendment; it being understood and agreed that mailings by Landlord to brokers with respect to Landlord’s desire to lease the Expansion Premises shall not be deemed a breach of the foregoing representation. For the avoidance of doubt, the provisions of Section 21.01 of the Original Lease shall be deemed to apply only to the Original Lease and for the Original Demised Premises (as opposed to this Amendment for the Expansion Premises).  

7.Miscellaneous.  

(a)Except as expressly modified herein, Landlord and Tenant affirm that the Lease is in full force and effect.  Tenant represents to Landlord that, to Tenant’s knowledge, Tenant has not sent to Landlord any notice of default with respect to Landlord’s obligations under the Lease, which default has not been cured.  Landlord represents to Tenant that, to Landlord’s knowledge, Landlord has not sent to Tenant any notice of default with respect to Tenant’s obligations under the Lease, which default has not been cured.  By entering into this Amendment, Landlord does not and shall not be deemed either (i) to waive or forgive any default, rent arrears or other condition with respect to the Lease or the use of the Demised 

8

 

Premises, whether or not in existence or known to Landlord at the date hereof, or (ii) to consent to any matter as to which Landlord’s consent is required under the terms of the Lease, except such as may heretofore have been waived in writing, or consented to in writing, by Landlord.

(b)All capitalized terms and other terms not otherwise defined herein shall have the respective meanings ascribed to them in the Original Lease.  No subsequent alteration, amendment, change or addition to the Original Lease or to this Amendment shall be binding upon Landlord or Tenant unless in writing and signed by both Landlord and Tenant.  This Amendment shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns.

(c)Except as may be expressly modified or amended by this Amendment, all of the terms, covenants and conditions of the Lease are hereby ratified and confirmed and, except insofar as reference to the contrary is made in any such instrument, all references to the “Lease” in any future correspondence or notice shall be deemed to refer to the Lease as modified by this Amendment.  

(d)This Amendment may be executed in counterparts, all of which together shall constitute the original, but this Amendment shall not be binding upon either party hereto unless and until such time as this Amendment or counterparts thereof shall have been executed by both parties and delivered to the other.  

(e)To facilitate execution of this Amendment, the parties may exchange counterparts of the same by facsimile or electronic mail (e-mail) (which shall include, but not be limited to, electronic attachments in ‘pdf’ format containing counterparts of the signature page to this Amendment), which shall be effective as original signature pages for all purposes.  Following such execution of this Amendment, each party shall deliver to the others an actual signed original counterpart of this Amendment.

[Remainder of Page Intentionally Left Blank]

9

 

IN WITNESS WHEREOF, Landlord and Tenant have duly executed this Amendment as of the date first above written.

				
	
MUTUTAL OF AMERICA LIFE INSURANCE COMPANY, Landlord

	
 

	
 

	
By:
	
/s/ William S. Conway

	
 
	
 

	
Name: William S. Conway
	
	
Title: Senior Executive Vice President and Chief Operating Officer
	
	
 

 

 

	
PZENA INVESTMENT MANAGEMENT, LLC, Tenant

	
 

	
 

	
By:
	
/s/ Richard S. Pzena

	
 
	
Name: Richard S. Pzena

	
 
	
Title: Managing Principal

 

10

 

			
	
STATE OF NEW YORK
	
)
	
 

	
 
	
)
	
ss.:

	
COUNTY OF NEW YORK
	
)
	
 

 

 

On the 8th day of November in the year 2018, before me, the undersigned, a notary public in and for said state, personally appeared William Conway, personally known to me or proved to me on the basis of satisfactory evidence to be the individual whose name is subscribed to the within instrument and acknowledged to me that s/he executed the same in her/his capacity, and that by her/his signature on the instrument, the individual, or the person upon behalf of which the individual acted, executed the instrument.

	
	
 

	
/s/ Patricia Keaney

	
Notary Public

 

 

 

			
	
STATE OF NEW YORK
	
)
	
 

	
 
	
)
	
ss.:

	
COUNTY OF NEW YORK
	
)
	
 

 

 

On the _1st_ day of __November___ in the year 2018, before me, the undersigned, a notary public in and for said state, personally appeared __Richard S. Pzena____________, personally known to me or proved to me on the basis of satisfactory evidence to be the individual whose name is subscribed to the within instrument and acknowledged to me that s/he executed the same in her/his capacity, and that by her/his signature on the instrument, the individual, or the person upon behalf of which the individual acted, executed the instrument.

	
	
 

	
/s/ Geoff Bauer

	
Notary Public

 

 

11

 

 

EXHIBIT “A”

The location and dimensions of walls, partitions, columns, stairs and openings are approximate and subject to revisions due to mechanical work, job conditions and requirements of governmental departments and authorities.  If the space as actually partitioned shall differ in any respect from this sketch, the actual area as partitioned shall in all events control.  No resulting deviation or discrepancy shall affect the rent or Tenant’s obligations under the Lease.

 

(See Attached.)

 

A-1

 

EXHIBIT “B”

 

LANDLORD’S WORK

 

Landlord shall alter the existing pre-built office layout currently in existence on the date of this Amendment (the “Existing Pre-Built”) to construct additional offices in accordance with the plan set forth below (the “Approved Plan”), utilizing such materials, equipment, finishes, fixtures and specifications as Landlord elected to use as a part of its construction of the Existing Pre-Built, or comparable materials, equipment, finishes, fixtures and/or specifications reasonably determined by Landlord to be of an equal or better standard and quality than those used in the construction of the Existing Pre-Built.  Furniture and office equipment shown on the Approved Plan is for illustrative purposes only. 

 

 

(See Attached.)

B-1

 

C-1

 

 

EXHIBIT “C”

COMMENCEMENT DATE AGREEMENT

 

AGREEMENT made this           day of _______________, 201  , between Mutual of America Life Insurance Company, hereinafter referred to as “Landlord”, and Pzena Investment Management, LLC, hereinafter referred to as “Tenant”.

 

 

WITNESSETH:

 

	
 
	
1.
	
Landlord and Tenant have heretofore entered into a written First Amendment of Lease dated as of _______________ , 2018 (hereinafter referred to as the “Lease Amendment”), for the leasing by Landlord to Tenant of a certain portion of the 9th Floor (the “Expansion Premises”) in the building known as 320 Park Avenue, New York, N.Y., all as more particularly described in the Lease Amendment. 

 

	
 
	
2.
	
Pursuant to Section 1 of the Lease Amendment, Landlord and Tenant agree that the Effective Date of the term of said Lease Amendment for the Expansion Premises was December 1, 2018; the Commencement Date was _________________, 2019; the Expansion Rent Commencement Date is [was] [shall be] _____________, 2019; and that the term for the Expansion Premises shall expire on December 31, 2025, unless sooner terminated pursuant to the terms of the Lease.

 

	
 
	
3.
	
Capitalized terms not defined herein shall have the meaning ascribed thereto in the Lease Amendment. 

 

	
 
	
4.
	
This Amendment may be executed in counterparts, all of which together shall constitute the original, but this Amendment shall not be binding upon either party hereto unless and until such time as this Amendment or counterparts thereof shall have been executed by both parties and delivered to the other.  

 

	
 
	
5.
	
To facilitate execution of this Amendment, the parties may exchange counterparts of the same by facsimile or electronic mail (e-mail) (which shall include, but not be limited to, electronic attachments in ‘pdf’ format containing counterparts of the signature page to this Amendment), which shall be effective as original signature pages for all purposes.  Following such execution of this Amendment, each party shall deliver to the others an actual signed original counterpart of this Amendment.

 

 

 

 

[Signature Page to Follow]

C-2

 

IN WITNESS WHEREOF, Landlord and Tenant have duly executed this Commencement Date Agreement as of the day and year first above written.

 

						
	
MUTUAL OF AMERICA LIFE INSURANCE COMPANY,

	
 
	
Landlord

	
 

	
 

	
By:
	
 

	
 
	
Name:
	
 

	
 
	
Title:
	
 

	
 

	
 

	
 

	
PZENA INVESTMENT MANAGEMENT, LLC,

	
 
	
Tenant

	
 

	
 

	
By:
	
 

	
 
	
Name:
	
 

	
 
	
Title:
	
 

	
 

	
 

	
 
	
Tenant’s Federal ID#:
	
 

 

 

 

 

STATE OF )

) ss.:

COUNTY OF )

 

 

On this        day of              , 201  , before me, the undersigned, personally appeared ___________________, personally known to me or proved to me on the basis of satisfactory evidence to the individual whose name is subscribed to the within instrument and acknowledged to me that he/she executed the same in his/her capacity, and by his/her signature on the instrument, the individuals, or the person on behalf of which the individual acted, executed the foregoing instrument.

 

 

__________________________

            Notary Public

 

STATE OF )

) ss.:

COUNTY OF )

 

C-3

 

 

On this        day of              , 201  , before me, the undersigned, personally appeared ___________________, personally known to me or proved to me on the basis of satisfactory evidence to the individual whose name is subscribed to the within instrument and acknowledged to me that he/she executed the same in his/her capacity, and by his/her signature on the instrument, the individuals, or the person on behalf of which the individual acted, executed the foregoing instrument.

 

 

__________________________

            Notary Public

 

C-4

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00293-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00293-of-00352.parquet"}]]