Document:

Exhibit
10.34

 

Confidentiality
and Non-competition Agreement

 

Party A: China
Packaging Group Inc.

 

Nevada, USA

 

Party B: [       ]

 

WHEREAS,
[    ]
(Hereinafter referred to as “Party B”)
recognize that when working for China Packaging Group Inc.(hereinafter referred
to as “Party A”), in the course of
performing his/her duties, he/she will have to learn and understand some
confidential information of party B;
Party B understands and recognizes
that disclosing any such confidential information to Pary A’s existing or
potential competitors would seriously harm the economic interests of Party A or put Party A at great disadvantage in competition;

 

WHEREAS,
Party B understands and
acknowledges that if he/she directly or indirectly compete with Party A , work for Party’s rivals or gains
economic benefits from Party A’s
rivals, will inevitably lead to the disclosure of confidential information of Party A; and

 

WHEREAS,
Party B understands and
acknowledges that Party A in this
Agreement does not only mean Party A,
but also includes enterprises Party A
holds shares of and companies which Party A
arranged for or agreed Party B to
work in or has interests in.

 

Now
both parities, in accordance with the laws, regulations and policies of the
People’s Republic of China, on a voluntary, equal, consultative basis, agree as
follows:

 

Article 1. Intellectual Property Rights

 

1.1.                    According
to the related laws and regulations on intellectual property rights, when Party B is employed by Party A, Party
A has the right to use, within its scope of business uses, all Party’s
B’s inventions, product designs, computer softwares, technical secrets, or
other business secrets whose intellectual property rights are owned by Party A. Party
A shall respect Party B’s
own legitimate rights on the inventions, product designs, computer softwares,
technical secrets, or other business secrets 
and assist him/her in the exercise of these rights.

 

1.2.                    When
Party A is employed by Party B does not only refer to the period
when Party B holds a position and
has certain job responsibilities in Party B,
but also includes the period when Party B
Party B holds a position and has
certain job

 

 

responsibilities in the related enterprises of Party A. Therefore, during Party B’s employment by Party A, all the information obtained by Party B as set forth in Article 2.1 is
confidential information

 

Article 2.The Definition, Forms and Scope of
Confidential Information

 

2.1                       Party A’s
confidential information shall mean any business information that Party B, during his employment by Party A, can acquire any economic benefits
or competitive advantages (whether directly or indirectly) from and is not
available to the public.

 

2.2         Party A’s
confidential information shall include but not limited to the following:

 

a)                  Information
about Party A’s products, methods,
processes, improvement, formulas, designs, and methods which are not available
to the public;

 

b)                 Party A’s business
and market strategies;

 

c)                  Documents
of research and development including records of research and development
activities such as meeting minutes, test results, technical improvement
notices, inspection methods etc. ;

 

d)                 Party A’s (current
and potential) customers’ information including customer lists, etc.;

 

e)                  Information
about Party A’s research projects,
proprietary technologies, prices, discounts, increases of prices, future
business strategies, marketing, and biddings ,any price-sensitive information,
and information related to Party A’s
intellectual property portfolio; and

 

f)                    Other
information, including business information, management information and
technical information related to Party A’s
competition and the effectiveness, such as procurement plans, sources of
supply, marketing plans, financial statements, pricing schemes, distribution
programs, computer softwares, databases, technical indicators , technical
reports, test reports, operating manuals, technical files, key management
methods and related letters etc.

 

2.3         Party A’s
confidential information can be physical, chemical, biological or of any other
forms, such as documents, books, periodicals, letters, drawings, reports,
disks, films, slides, photos, tapes, and e-mails etc.

 

2.4         Information
that Party A has not disclosed to
the public in its operations.

 

 

Article 3. Obligations of Confidentiality

 

3.1         Party B’s obligations
of confidentiality are based on his/her duty of loyalty to the Party A. Party
B shall perform the following duties:

 

a)                  Party B shall
strictly abide by any written or unwritten rules of confidentiality,
policies stipulated by Party A,
fulfill duties of confidentiality correspondent to his/her job, preventing
disclosure of Party A’s
confidential information or the other companies’ information that Party A promises the obligation of keeping
confidential; If Party B, during
his employment by Party A, ever
has accesses to the confidential information not described or not clearly
described in Party A’s
confidentiality rules and policies, Party
B should be prudent and honest and take any necessary and reasonable
measures to protect Party A’s
confidential information or the other companies’information that Party A promises to keep confidential;

 

b)                 Party B shall never
in any form disclose or publicize Party A’s
confidential information or the other companies’information that Party A promises to keep confidential to
anyone other than Party A;

 

c)                  Party B shall use
correctly Party A’s confidential
information or the other companies’information that Party A promises to keep confidential and never use the
aforesaid information beyond the scope of his/her job responsibilities ;

 

d)                 Party B shall timely
report to Party A the confidential
information that involves the interests of Party
A and Party A may not
be aware of ;

 

e)                  Party B shall not
make benefits from Party A’s
confidential information or the other companies’information that Party A promises to keep confidential for
himself/herself or any third party;

 

f)                    Party B
shall not use undisclosed information to seek benefits for themselves or
others, shall not violate the relevant laws to provide the undisclosed
investment-related information for Party A’s
shareholders, Party A-related
companies other departments of Party A
or Party B; and

 

g)                 Party B shall
appropriately keep Party A’s
confidential information or the other companies’information that Party A promises to keep confidential.

 

3.2         Before  Party B’s
employment relation with Party A
terminates or thereafter, Party B
shall never in any form disclose Party A’s

 

 

confidential information or the other companies’information
that Party A promises to keep
confidential.

 

3.3         After
Party B terminates the employment
relation with Party A, Party B is subject to one of the
following categories of obligation of confidentiality (If Party B do not make a choice, he/she is
automatically deemed to have chosen the confidentiality of no time limit):

 

a)                  The
Confidentiality of No Time Limit: The obligation of confidentiality is removed
from Party B until Party A announces the removal or
confidential information in fact has been made public;

 

b)                 The
Confidentiality of a Time Limit: The confidentiality period of Pary B shall
begin from the day the employment relations terminates between the two Parties,
and shall end on
                            .

 

3.4                     All
Party B’ materials, charts, notes,
reports, letters, faxes, tapes, disks, equipments and any other forms of
information carrier that have held or recorded Party A’s confidential information as part of Party B’s job responsibility are owned by Party A. If the carrier of the confidential
information is also Party B’s
personal belongings, Party B shall
be deemed to have agreed to transfer the ownership of the carriers to Party A. When Party B hands in the carriers, Party A shall give Party B
due financial compensations that are equivalent to the values of the carriers.

 

3.5                                 When the labor contract between the two Parties is terminated or
dissolved or when upon the request of Party A,
Party B shall go through the
hand-over procedures and return, in the form and procedure and at the time as Party A requires, all the things that
belong to Party A, including
carriers that hold Party A’s
confidential information and  Party B shall not keep, transfer to the
others, destroy or take away the carriers. However, if the carrier is owned by Party B, and the confidential information
can be deleted or copied from the carrier, Party
A can copy the confidential information to Party A’s own carriers and delete the
original information on Party B’s
carrier. Thereafter, Party B need
not hand in the carrier and Party A
need not to give Party B the
financial compensations.

 

Article 4.Disclosure of Confidential Information

 

4.1                     Acts  by Party B
as one of the following will be treated as intentionally disclosing the
confidential information of Party A:

 

 

a)                  By
copying, reproducing ,sending by E-mail or any other form, takinging away from Party A’s location Party A’s confidential information or the
other companies’information that Party A
promises to keep confidential or giving the aforesaid information to others to
read, copy, transfer;or

 

b)                 ;
Providing, directly or indirectly, Party A’s
confidential information or the other companies’information that Party A promises to keep confidential in
oral, written or any other form for Party A’s
competitors; or

 

c)                  Without
Party A’s authorization, in the
name of Party A or in the name of Party A and Party B, publicizing or providing Party A’s confidential information or the other companies’information
that Party A promises to keep
confidential; or

 

d)                 After
terminating the employment relation with Party 
A, using the confidential information obtained when employed by Party A to seek benefit for or serve the
other enterprises or individuals; or

 

e)                  By
any other means or form, disclosing Party A’s
confidential information or the other companies’information that Party A promises to keep confidential.

 

4.2                     Party B
shall not be bound by the confidentiality obligations set forth in this
Agreement if Party B can provide
any written evidence with a clear explanatory power to prove that the nature of
his/her acts are as one of the followings:

 

a)                  Party B uses Party A’s confidential information
correctly and reasonably within Party’s authorization to fulfill his/her job
responsibilities and to serve Party A’s
interests; or

 

b)                 Party B uses or discloses
Party A’s confidential information
to implement compulsive legal obligations (such as court orders). In this case,
Party B shall only use or disclose
Party A’s confidential information
within the requirements of the compulsive legal obligations or the necessary
information clearly described in the legal obligations, and Party B shall not use or disclose Party A’s confidential information before
notifying Party A so that Party A can take appropriate protective
measures.

 

Article 5. Non-Competition

 

5.1                     Non-competition
in employment: When Party B is
employed by Party A, Party B also has the non-competition
obligations under Article 5.3.

 

 

5.2                     Non-competition
after termination of employment: Within 2 years (24 months) since the
labor contract between Party A and
Party B is terminated or dissolved
upon the request of Party A or Party B (regardless of the reasons for
termination or dissolving of the employment relations, and regardless of the
existence of such a reason), Party B
shall have non-competition obligations.

 

5.3                     Party B’s
non-competition obligations require that Party
B shall not:

 

a)                  Compete
with Party A by running his/her
own business or working for other companies.

 

b)                 Be
employed by or have interests in 
enterprises or organizaions that compete with Party A in products, markets or services directly or
indirectly;

 

c)                  Be
employed by Party A’s other
competitors;

 

d)                 Directly
or indirectly produce or market similar products or services to compete with Party A;

 

e)                  Contact
Party A’s customers for business
purposes, such as directly or indirectly owning, operating, controlling,
serving, employment consultations or participating in any activities that
directly or indirectly remove Party A’s
customers or affect Party A’s
business results negatively now or in the future; Party A’s customers refer to customers belong to Party A 1 year before the labor contract
between Party A and Party B is terminated, including customers,
regardless of its actual location, that Party
A is evaluating, negotiating, contact or planning to develop when
terminating the employment with Party B;

 

f)                    Interfere
with employment relation between Party A
and other employees through inducement, persuasion or any other way;

 

g)                 Hire
or prompt others to employ Party A’s
staff as a consultant; and

 

h)                 Hire
or prompt others to employ Party A’s
staff.

 

5.4                     Party B’s
non-competition obligations require that Party
B shall not, directly or indirectly, be employed by or have any form
of interests in, Party A’s
competitors.

 

5.5                     Party B’s
non-competition obligations require that within the time limit of
non-competition obligations, Party B’s
violating any of the aforesaid article 5.3-5.4, in the PRC (including Hong
Kong, Macao and Taiwan), will be deemed to be violation of the non-competition obligations
in this Agreement.

 

5.6                     Within
the period of non-competition obligations, Party
B if employed full-time or part-time by any other employers other
than Party A, or if

 

 

directly or indirectly start operating any
businesses, shall have the obligations to inform Party A in written form of the new employer’s address, name
and business performances in one week from the new employment and to provide
the new employer with this Agreement.

 

Article 6. Economic compensation

 

6.1                     Standards:
If Party B executes the  obligations as set forth in Article 5
within 2 years (24 months) since the employment relation between Party A and Party B is terminated or dissolved, Party A in accordance with certain criteria, shall pay Party B monthly compensation fees for non-competition.
Upon mutual agreement, the compensation fees can also be paid once for all.
Specific criteria and methods of payment shall be work out by both Parties. Party A shall notify Party B of the specific amount of the
compensation and the way of payment within 30 days from the employment
relation between Party A and Party B is terminated or dissolved.

 

Before
terminating the employment by Party A,
Party B shall cooperate by opening
an account in the bank designated by Party A
and shall in writing form notify Party A
of the account number. Party A
shall pay the monthly compensation for non-competition to Party B through the designated account.

 

6.2                     Party B’s
obligation of timely notification: If Party B
loses, reports the loss of or cancels the designated account, or for any
personal reasons cause Party A to
be unable to pay the compensation timely through the specified account, Party B shall promptly notify Party A in 3 days after the occurrence of
the aforesaid failure of payment, in a timely manner open a new account in the
bank designated by Party A and
notify Party A of the new account
number to ensure that the compensation can by received by Party B through the designated account on a
monthly basis.

 

6.3                     If
Party A is not able to pay the
compensation due to Party B’s
personal reasons, Party B shall be
deemed to have given up his/her rights to be paid the compensation for
non-competition and his/her non-competition obligations shall not be exempted.

 

6.4                     The
payroll tax as a result of the compensation: Party
A shall be responsible for paying the extra payroll tax the
compensation causes to Party B and
shall directly deduct the payroll tax from the compensation fee.

 

 

Article 7. Responsibilities upon Default

 

7.1                     If
Party B violates the obligations
of non-competition as set forth in This Agreement, Party B has the right to require Party B to stop his/her behaviors of violation. Party B be shall return all the
compensation he/she has received to Party A
and pay once for all twice the amount of compensation he/she is supposed to
receive  within the non-competition
period as a penalty.

 

7.2                     If
the loss Party B’s default causes
to Party A have exceeded the
penalty, Party A has the right to
require Party B to pay a penalty
equivalent to Party A’ actual loss.

 

7.3                     If
Party B’ default result in the
total disclosure of Party A’s
confidential information, Party B
shall pay compensations to Party A
for the value of all its confidential information. The value of the
confidential information shall be assessed by the state-recognized rating
agencies.

 

7.4                     If
Party B’s conduct constitutes a
criminal offense, after Party B
shall pays compensations and take civil liabilities in accordance with This
Agreement and Party A has the
right to charge Party B of
criminal offences through judicial channels.

 

Article 8. Dispute Resolution

 

8.1.                  All
disputes between Party A and Party B on the execution of this Agreement
shall be resolved by mediation. If mediation fails to settle the dispute,
either Party has the right to apply for arbitration at the Labor Dispute
Arbitration Committee of the place where Party
A is located.

 

Article 9. Governing Law

 

9.1                     The
entering into, taking effect, interpretation, implementation and dispute
resolution of This Agreement  is
applicable to laws and regulatiosn of PRC.

 

9.2                     If
the laws, regulations, administrative policies and regulations that This
Agreement is based upon change in the future, the related articles of This Agreement
shall be changed in accordance with the new laws, regulations, administrative
policies and regulations.

 

 

Article 10. Miscellaneous

 

10.1.                                                            The titles in this Agreement are used only for convenience of reading
and shall not affect the meaning of this Agreement;

 

10.2.                                                            The period of Party B’s
employment by Party A in this
Agreement refers to is restricted to the period when Party B goes to work at Party
A and receive salaries from Party
A.

 

10.3.                                                            The “When the employment relation between Party A and Party B
is terminated or dissolved” in this Agreement refers to the day either Party
makes it clear that the employment relation between them is resolved or
terminated. Party B ceasing to
fulfill his/her duties is deemed as a resignation.

 

10.4.                                                            Changes to the terms of this Agreement shall be made upon mutual
agreement and determined in written form.

 

10.5.                                                            Any article of this Agreement shall not be interpreted as conferring on
Party B any right, ownership and
interests of the confidential information of Party
A.

 

10.6.                                                            This Agreement shall have two counterparts, each of which shall be held
by each party respectively, and all of which shall have equal legal force.

 

10.7.                                                            The Agreement is deemed as an important part of Party A’s “labor contract” and shall have
the same legally binding forces as the “employment contract”.

 

10.8.                                                            Party A
and Party B, both confirm that
prior to signing this Agreement, they have carefully read the content of this
Agreement and fully understood the legal meanings of all the articles in this
Agreement.

 

( (End of the agreement. The
next page is the  signature page)

 

 

(This page is for signing the
Confidentiality and Non-competition Agreement)

 

Party A:  China Packaging Group Inc..

 

 

	
  Party B:

  	
  (Signature):

  	
   

  
	
   

  	
   

  
	
  Date:         Year
       Month       DateStriker Energy Corp.: Exhibit 10.1 - Filed by newsfilecorp.com

THIS PRIVATE PLACEMENT SUBSCRIPTION AGREEMENT (THE
"SUBSCRIPTION AGREEMENT") RELATES TO AN OFFERING OF SECURITIES IN AN OFFSHORE
TRANSACTION TO PERSONS WHO ARE NOT U.S. PERSONS (AS DEFINED HEREIN) PURSUANT TO
REGULATION S UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE
"1933 ACT").

NONE OF THE SECURITIES TO WHICH THIS SUBSCRIPTION AGREEMENT
RELATES HAVE BEEN REGISTERED UNDER THE 1933 ACT, NOR ANY U.S. STATE SECURITIES
LAWS, AND, UNLESS SO REGISTERED, NONE MAY BE OFFERED OR SOLD, DIRECTLY OR
INDIRECTLY, IN THE UNITED STATES OR TO U.S. PERSONS (AS DEFINED HEREIN) EXCEPT
IN ACCORDANCE WITH THE PROVISIONS OF REGULATION S UNDER THE 1933 ACT, PURSUANT
TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE 1933 ACT, OR PURSUANT TO AN
AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION
REQUIREMENTS OF THE 1933 ACT AND IN EACH CASE ONLY IN ACCORDANCE WITH APPLICABLE
STATE SECURITIES LAWS. IN ADDITION, HEDGING TRANSACTIONS INVOLVING THE
SECURITIES MAY NOT BE CONDUCTED UNLESS IN COMPLIANCE WITH THE 1933 ACT. 

PRIVATE PLACEMENT SUBSCRIPTION 
(Non U.S. Subscribers
Only) 

	TO: 	STRIKER ENERGY CORP. (the
      "Company") 
	  	360 Bay Street, Suite 901 
	  	Toronto, Ontario M5H 2V6 
	  	Canada 

Purchase of Securities 

1.               
SUBSCRIPTION 

1.1 The undersigned (the "Subscriber") hereby
irrevocably subscribes for and agrees to purchase a Promissory Note (the
"Securities") (appended to this subscription agreement as Schedule B) in
the amount set out on Page 12 of this Subscription Agreement (such subscription
and agreement to purchase being the "Subscription"), for the total
subscription price as set out on Page 12 of this Subscription Agreement (the
"Subscription Proceeds"), which Subscription Proceeds are tendered
herewith, on the basis of the representations and warranties and subject to the
terms and conditions set forth herein. 

1.2 The Company hereby agrees to sell the Securities to the
Subscriber on the basis of the representations and warranties and subject to the
terms and conditions set forth herein. Subject to the terms hereof, the
Subscription Agreement will be effective upon its acceptance by the Company.

1.3 Unless otherwise provided, all dollar amounts referred to
in this Subscription Agreement are in lawful money of the United States of
America. 

2.                PAYMENT

2.1 The Subscription Proceeds must accompany this Subscription
Agreement or they must be wired directly to the Company in accordance with wire
instructions that will be provided by the Company on request. 

2.2 The Company may treat the Subscription Proceeds as a
non-interest bearing loan and may use the Subscription Proceeds prior to this
Subscription Agreement being accepted by the Company. 

2.3 The Subscriber must complete, sign and return to the
Company an executed copy of this Subscription Agreement and the Questionnaire
attached hereto as Schedule A (the “Questionnaire”). 

- 2 - 

2.4 The Subscriber shall complete, sign and return to the
Company as soon as possible, on request by the Company, any documents,
questionnaires, notices and undertakings as may be required by regulatory
authorities, stock exchanges and applicable law. 

3.               
CLOSING 

3.1 Closing of the purchase and sale of the Securities shall
occur on or before __________________, 2010, or on such other date as may
be determined by the Company in its sole discretion (the "Closing Date"),
but there is no minimum or maximum number of securities being offered. The
Subscriber acknowledges that securities may be issued to other subscribers under
this offering (the "Offering"), and that these may close before, on or
after the Closing Date. 

4.              
 ACKNOWLEDGEMENTS OF SUBSCRIBER 

4.1 The Subscriber acknowledges and agrees that: 

	 	(a) 	
      the Securities have not been registered under the U.S.
      Securities Act of 1933, as amended (the "1933 Act"), or under any
      securities or "blue sky" laws of any state of the United States and are
      being offered only in a transaction not involving any public offering
      within the meaning of the 1933 Act, and, unless so registered, may not be
      offered or sold in the United States or to a U.S. Person, as that term is
      defined in Regulation “S” (“Regulation “S”) promulgated by the
      Securities and Exchange Commission (the “SEC”) pursuant to the 1933
      Act, except pursuant to an effective registration statement under the 1933
      Act, or pursuant to an exemption from, or in a transaction not subject to,
      the registration requirements of the 1933 Act, and in each case only in
      accordance with applicable state securities laws;

	 	 	 
	 	(b) 	
      the Company will refuse to register any transfer of any
      of the Securities not made in accordance with the provisions of Regulation
      S, pursuant to an effective registration statement under the 1933 Act or
      pursuant to an available exemption from, or in a transaction not subject
      to, the registration requirements of the 1933 Act;

	 	 	 
	 	(c) 	
      the decision to execute this Subscription Agreement and
      purchase the Securities has not been based upon any oral or written
      representation as to fact or otherwise made by or on behalf of the Company
      and such decision is based solely upon information provided by the Company
      in this document (the "Company Information").

	 	 	 
	 	(d) 	
      the Subscriber and the Subscriber's advisor(s) have had a
      reasonable opportunity to review the Company Information and to ask
      questions of and receive answers from the Company regarding the Offering,
      and to obtain additional information, to the extent possessed or
      obtainable without unreasonable effort or expense, necessary to verify the
      accuracy of the information contained in the Company Information, or any
      other document provided to the Subscriber;

	 	 	 
	 	(e) 	
      by execution hereof the Subscriber has waived the need
      for the Company to communicate its acceptance of the purchase of the
      Securities pursuant to this Subscription Agreement;

	 	 	 
	 	(f) 	
      the Company is entitled to rely on the representations
      and warranties and the statements and answers of the Subscriber contained
      in this Subscription Agreement and the Questionnaire and the Subscriber
      will hold harmless the Company from any loss or damage it may suffer as a
      result of the Subscriber's failure to correctly complete this Subscription
      Agreement and the Questionnaire;

	 	 	 
	 	(g) 	
      the Subscriber will indemnify and hold harmless the
      Company and, where applicable, its respective directors, officers,
      employees, agents, advisors and shareholders from and against any and all
      loss, liability, claim, damage and expense whatsoever (including, but not
      limited to, any and all fees, costs and expenses whatsoever reasonably
      incurred in investigating, preparing or defending against any claim,
      lawsuit, administrative proceeding or investigation
  whether commenced or threatened) arising out of or based upon any
      acknowledgment, representation or warranty of the Subscriber contained
      herein, the Questionnaire or in any other document furnished by the
      Subscriber to the Company in connection herewith, being untrue in any
      material respect or any breach or failure by the Subscriber to comply with
      any covenant or agreement made by the Subscriber to the Company in
  connection therewith;

- 3 - 

	 	(h) 	
      the issuance and sale of the Securities to the Subscriber
      will not be completed if it would be unlawful or if, in the discretion of
      the Company acting reasonably, it is not in the best interests of the
      Company;

	 	 	 
	 	(i) 	
      the Subscriber has been advised to consult the
      Subscriber’s own legal, tax and other advisors with respect to the merits
      and risks of an investment in the Securities and with respect to the
      applicable resale restrictions, and it is solely responsible (and the
      Company is not in any way responsible) for compliance
  with:

	 	(i) 	
      any applicable laws of the jurisdiction in which the
      Subscriber is resident in connection with the distribution of the
      Securities hereunder, and

	 	 	 
	 	(ii) 	
      applicable resale
restrictions;

	 	(j) 	
      the Subscriber has not acquired the Securities as a
      result of, and will not itself engage in, any "directed selling efforts"
      (as defined in Regulation S) in the United States in respect of any of the
      Securities which would include any activities undertaken for the purpose
      of, or that could reasonably be expected to have the effect of,
      conditioning the market in the United States for the resale of any of the
      Securities; provided, however, that the Subscriber may sell or otherwise
      dispose of any of the Securities pursuant to registration of any of the
      Securities pursuant to the 1933 Act and any applicable state securities
      laws or under an exemption from such registration requirements and as
      otherwise provided herein;

	 	 	 
	 	(k) 	
      the Subscriber is not a U.S. Person (as defined in
      Regulation S), is outside the United States when receiving and executing
      this Subscription Agreement and is acquiring the Securities as principal
      for its own account, for investment purposes only, and not with a view to,
      or for, resale, distribution or fractionalization thereof, in whole or in
      part, and no other person has a direct or indirect beneficial interest in
      such Securities;

	 	 	 
	 	(l) 	
      the statutory and regulatory basis for the exemption
      claimed for the offer and sale of the Securities, although in technical
      compliance with Regulation S, would not be available if the offering is
      part of a plan or scheme to evade the registration provisions of the 1933
      Act;

	 	 	 
	 	(m) 	
      the Company has advised the Subscriber that the Company
      is relying on an exemption from the requirements to provide the Subscriber
      with a prospectus and to sell the Securities through a person registered
      to sell securities and, as a consequence of acquiring the Securities
      pursuant to this exemption, certain protections, rights and remedies,
      including statutory rights of rescission or damages, will not be available
      to the Subscriber;

	 	 	 
	 	(n) 	
      the Securities are not listed on any stock exchange and
      no representation has been made to the Subscriber that any of the
      Securities will become listed on any stock exchange;

	 	 	 
	 	(o) 	
      neither the SEC, nor any other securities regulatory
      authority has reviewed or passed on the merits of the
Securities;

	 	 	 
	 	(p) 	
      no documents in connection with this Offering have been
      reviewed by the SEC, nor by any other state securities
    administrators;

	 	 	 
	 	(q) 	
      there is no government or other insurance covering any of
      the Securities; and

- 4 - 

	 	(r) 	
      this Subscription Agreement is not enforceable by the
      Subscriber unless it has been accepted by the Company, and the Subscriber
      acknowledges and agrees that the Company reserves the right to reject any
      subscription for any reason.

5.               
REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE SUBSCRIBER

5.1 The Subscriber hereby represents and warrants to and
covenants with the Company, as of the date of this Agreement and as of the
Closing Date (which representations, warranties and covenants shall survive the
Closing Date) that: 

	 	(a) 	
      by completing the Questionnaire, the Subscriber is
      representing and warranting that the Subscriber satisfies one of the
      categories of registration and prospectus exemptions provided in National
      Instrument 45-106 Prospectus and Registration Exemptions ("NI
      45-106") adopted by the Ontario Securities Commission (the
      "OSC") and:

	 	 	 	 
	 		(i) 	
      is either purchasing the Shares (A) as principal and not
      for the benefit of any other person, or is deemed under NI 45-106 to be
      purchasing the Shares as principal, or (B) as agent for a beneficial
      purchaser disclosed in this Subscription Agreement, and is an agent or
      trustee with proper authority to execute all documents required in
      connection with the purchase of the Shares on behalf of such disclosed
      beneficial purchaser and such disclosed beneficial purchaser for whom the
      Subscriber is contracting hereunder is purchasing as principal and not for
      the benefit of any other person, or is deemed under NI 45-106 to be
      purchasing the Securities as principal, and such disclosed beneficial
      purchaser satisfies one of the categories of registration and prospectus
      exemptions provided in NI 45-106;

	 	 	 	 
	 		(ii) 	
      if the Subscriber is, or the beneficial purchaser for
      whom the Subscriber is contracting hereunder is, as the case may be, a
      person, other than an individual or investment fund, that has net assets
      of at least CDN$5,000,000, the Subscriber was not, or the beneficial
      purchaser for whom the Subscriber is contracting hereunder was not, as the
      case may be, created or used solely to purchase or hold securities as an
      accredited investor; and

	 	 	 	 
	 		(iii) 	
      the Subscriber has concurrently executed and delivered a
      certificate in the form attached as Schedule “A”
hereto.

	 	(b) 	
      the Subscriber is outside the United States when
      receiving and executing this Subscription Agreement;

	 	 	 	 
	 	(c) 	
      the Subscriber is not a “U.S. Person”, as defined in
      Regulation S;

	 	 	 	 
	 	(d) 	
      the Subscriber is not acquiring the Securities for the
      account or benefit of, directly or indirectly, any U.S. Person, as defined
      in Regulation S;

	 	 	 	 
	 	(e) 	
      the Subscriber is resident in the jurisdiction set out on
      Page 12 of this Subscription Agreement;

	 	 	 	 
	 	(f) 	
      the Subscriber:

	 	 	 	 
	 		(i) 	
      is knowledgeable of, or has been independently advised as
      to, the applicable securities laws of the securities regulators having
      application in the jurisdiction in which the Subscriber is resident (the
      “International Jurisdiction”) which would apply to the acquisition
      of the Securities,

	 	 	 	 
	 		(ii) 	
      is purchasing the Securities pursuant to exemptions from
      prospectus or equivalent requirements under applicable securities laws or,
      if such is not applicable, the Subscriber is permitted to purchase the
      Securities under the applicable securities laws of
the securities regulators in the International Jurisdiction
  without the need to rely on any exemptions,

- 5 - 

	 	(iii) 	
      acknowledges that the applicable securities laws of the
      authorities in the International Jurisdiction do not require the Company
      to make any filings or seek any approvals of any kind whatsoever from any
      securities regulator of any kind whatsoever in the International
      Jurisdiction in connection with the issue and sale or resale of the
      Securities, and

	 	 	 
	 	(iv) 	
      represents and warrants that the acquisition of the
      Securities by the Subscriber does not trigger:

	 	A. 	
      any obligation to prepare and file a prospectus or
      similar document, or any other report with respect to such purchase in the
      International Jurisdiction, or

	 	 	 
	 	B. 	
      any continuous disclosure reporting obligation of the
      Company in the International Jurisdiction, and

the Subscriber will, if requested by
the Company, deliver to the Company a certificate or opinion of local counsel
from the International Jurisdiction which will confirm the matters referred to
in subparagraphs (ii), (iii) and (iv) above to the satisfaction of the Company,
acting reasonably; 

	 	(g) 	
      the Subscriber is acquiring the Securities as principal
      for investment only and not with a view to, or for, resale, distribution
      or fractionalization thereof, in whole or in part, and, in particular, it
      has no intention to distribute either directly or indirectly any of the
      Securities in the United States or to U.S. Persons (as defined in
      Regulation S);

	 	 	 
	 	(h) 	
      the Subscriber acknowledges that it has not acquired the
      Securities as a result of, and will not itself engage in, any "directed
      selling efforts" (as defined in Regulation S) in the United States in
      respect of any of the Securities which would include any activities
      undertaken for the purpose of, or that could reasonably be expected to
      have the effect of, conditioning the market in the United States for the
      resale of any of the Securities; provided, however, that the Subscriber
      may sell or otherwise dispose of any of the Securities pursuant to
      registration of any of the Securities pursuant to the 1933 Act and any
      applicable state securities laws or under an exemption from such
      registration requirements and as otherwise provided herein;

	 	 	 
	 	(i) 	
      the Subscriber has the legal capacity and competence to
      enter into and execute this Subscription Agreement and to take all actions
      required pursuant hereto and, if the Subscriber is a corporation, it is
      duly incorporated and validly subsisting under the laws of its
      jurisdiction of incorporation and all necessary approvals by its
      directors, shareholders and others have been obtained to authorize
      execution and performance of this Subscription Agreement on behalf of the
      Subscriber;

	 	 	 
	 	(j) 	
      the entering into of this Subscription Agreement and the
      transactions contemplated hereby do not result in the violation of any of
      the terms and provisions of any law applicable to, or, if applicable, the
      constating documents of, the Subscriber, or of any agreement, written or
      oral, to which the Subscriber may be a party or by which the Subscriber is
      or may be bound;

	 	 	 
	 	(k) 	
      the Subscriber has duly executed and delivered this
      Subscription Agreement and it constitutes a valid and binding agreement of
      the Subscriber enforceable against the Subscriber;

	 	 	 
	 	(l) 	
      the Subscriber has received and carefully read this
      Subscription Agreement;

	 	 	 
	 	(m) 	
      the Subscriber (i) has adequate net worth and means of
      providing for its current financial needs and possible personal
      contingencies, (ii) has no need for liquidity in this investment, and
      (iii) is able to bear the economic risks of an investment in the
      Securities for an indefinite period of time, and can afford the complete
  loss of such investment;

- 6 - 

	 	(n) 	
      the Subscriber has the degree of knowledge, education and
      experience in financial and business matters as to enable the Subscriber
      to evaluate the merits and risks of the investment in the Securities and
      the Company;

	 	 	 	 
	 	(o) 	
      the Subscriber understands and agrees that the Company
      and others will rely upon the truth and accuracy of the acknowledgements,
      representations, warranties, covenants and agreements contained in this
      Subscription Agreement and the Questionnaire, and agrees that if any of
      such acknowledgements, representations and agreements are no longer
      accurate or have been breached, the Subscriber shall promptly notify the
      Company;

	 	 	 	 
	 	(p) 	
      the Subscriber is aware that an investment in the Company
      is speculative and involves certain risks, including the possible loss of
      the investment;

	 	 	 	 
	 	(q) 	
      the Subscriber is not an underwriter of, or dealer in,
      the Company's Securities, nor is the Subscriber participating, pursuant to
      a contractual agreement or otherwise, in the distribution of the
      Securities;

	 	 	 	 
	 	(r) 	
      the Subscriber has made an independent examination and
      investigation of an investment in the Securities and the Company and has
      depended on the advice of its legal and financial advisors and agrees that
      the Company will not be responsible in anyway whatsoever for the
      Subscriber's decision to invest in the Securities and the
  Company;

	 	 	 	 
	 	(s) 	
      if the Subscriber is acquiring the Securities as a
      fiduciary or agent for one or more investor accounts, the Subscriber has
      sole investment discretion with respect to each such account, and the
      Subscriber has full power to make the foregoing acknowledgements,
      representations and agreements on behalf of such account;

	 	 	 	 
	 	(t) 	
      the Subscriber is not aware of any advertisement of any
      of the Securities and is not acquiring the Securities as a result of any
      form of general solicitation or general advertising including
      advertisements, articles, notices or other communications published in any
      newspaper, magazine or similar media or broadcast over radio or
      television, or any seminar or meeting whose attendees have been invited by
      general solicitation or general advertising;

	 	 	 	 
	 	(u) 	
      no person has made to the Subscriber any written or oral
      representations:

	 	 	 	 
	 		(i) 	
      that any person will resell or repurchase any of the
      Securities,

	 	 	 	 
	 		(ii) 	
      that any person will refund the purchase price of any of
      the Securities,

	 	 	 	 
	 		(iii) 	
      as to the future price or value of any of the Securities,
      or

	 	 	 	 
	 		(iv) 	
      that any of the Securities will be listed and posted for
      trading on any stock exchange or that application has been made to list
      and post any of the Securities of the Company on any stock exchange;
      and

	 	(v) 	
      the Subscriber acknowledges and agrees that the Company
      shall not consider the Subscriber's Subscription for acceptance unless the
      undersigned provides to the Company, along with an executed copy of this
      Subscription Agreement:

	 	 	 	 
	 		(i) 	
      a fully completed and executed Questionnaire in the form
      attached hereto as Schedule A, and

- 7 - 

	 	(ii) 	
      such other supporting documentation that the Company or
      its legal counsel may request to establish the Subscriber's qualification
      as a qualified investor.

5.2 In this Subscription Agreement, the term "U.S. Person"
shall have the meaning ascribed thereto in Regulation S promulgated under the
1933 Act and for the purpose of the Subscription Agreement includes any person
in the United States. 

6.                ACKNOWLEDGEMENT
  AND WAIVER

6.1 The Subscriber has acknowledged that the decision to
purchase the Securities was made based solely on the Company Information. The
Subscriber hereby waives, to the fullest extent permitted by law, any rights of
withdrawal, rescission or compensation for damages to which the Subscriber might
be entitled in connection with the distribution of any of the Securities.
Because the Subscriber is not purchasing the Securities under a prospectus, the
Subscriber will not have the civil protections, rights and remedies that would
otherwise be available to the Subscriber under the securities laws in Canada,
including statutory rights of rescission or damages. 

7.               
  REPRESENTATIONS AND WARRANTIES WILL BE RELIED UPON BY THE
  COMPANY

7.1 The Subscriber acknowledges that the acknowledgements,
representations and warranties contained herein and in the Questionnaire are
made by it with the intention that they may be relied upon by the Company and
its legal counsel in determining the Subscriber's eligibility to purchase the
Securities under applicable securities legislation, or (if applicable) the
eligibility of others on whose behalf it is contracting hereunder to purchase
the Securities under applicable securities legislation. The Subscriber further
agrees that by accepting delivery of the certificates representing the
Securities, it will be representing and warranting that the acknowledgements
representations and warranties contained herein and in the Questionnaire are
true and correct as of the date hereof and the date of delivery and will
continue in full force and effect notwithstanding any subsequent disposition by
the Subscriber of all of the Securities. 

8.                RESALE
  RESTRICTIONS

8.1 The Subscriber acknowledges that any resale of any of the
Securities will be subject to resale restrictions contained in the securities
legislation applicable to the Subscriber or proposed transferee. The Subscriber
acknowledges that none of the Securities have been registered under the 1933 Act
or the securities laws of any state of the United States. The Securities may not
be offered or sold in the United States unless registered in accordance with
federal securities laws and all applicable state securities laws or exemptions
from such registration requirements are available. 

8.2              The
Subscriber acknowledges that the Securities are subject to resale restrictions
in Canada and may not be traded in Canada except as permitted by the
Securities Act (Ontario) (the “Ontario Act”) and the rules made
thereunder. 

8.3             
Pursuant to NI 45-102, a subsequent trade in the Securities will be a
distribution subject to the prospectus and registration requirements of
applicable Canadian securities legislation (including the Ontario Act) unless
certain conditions are met, which conditions include the requirement that a hold
period (the "Canadian Hold Period") beginning on the date on which the
Securities were issued, as mandated by Canada’s National Instrument 45-102,
Resale of Securities (“45-102”), shall have elapsed and, during
the currency of the Canadian Hold Period, any certificate representing the
Securities is imprinted with a restrictive legend (the "Canadian
Legend"). 

8.4              By
executing and delivering this Subscription Agreement, the Subscriber has
directed the Company not to include the Canadian Legend on any certificates
representing the Securities to be issued to the Subscriber. 

8.5              As
a consequence, the Subscriber may not be able to rely on the resale provisions
of NI 45-102, and any subsequent trade in any of the Securities during or after
the Canadian Hold Period may be a distribution subject to the prospectus and registration requirements of
Canadian securities legislation, to the extent that the trade is at that time
subject to any such Canadian securities legislation. 

- 8 - 

8.6 No Securities of any class of the Company shall be
transferred without the approval of the directors, provided that approval of any
transfer of Securities may be given as aforesaid after the transfer has been
effected upon the records of the Company, in which event, unless the said
approval stipulates otherwise, the said transfer shall be valid and shall take
effect as from the date of its very entry upon the books of the Company. This
covenant shall survive the Closing. 

9. COLLECTION OF PERSONAL INFORMATION

9.1 The Subscriber acknowledges and consents to the fact that
the Company is collecting the Subscriber's personal information for the purpose
of fulfilling this Subscription Agreement and completing the Offering. The
Subscriber's personal information (and, if applicable, the personal information
of those on whose behalf the Subscriber is contracting hereunder) may be
disclosed by the Company to (a) stock exchanges or securities regulatory
authorities, (b) the Company's registrar and transfer agent, (c) tax
authorities, (d) law enforcement authorities, (e) authorities pursuant to the
Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada)
and (f) any of the other parties involved in the Offering, including legal
counsel, and may be included in record books in connection with the Offering. By
executing this Subscription Agreement, the Subscriber is deemed to be consenting
to the foregoing collection, use and disclosure of the Subscriber's personal
information (and, if applicable, the personal information of those on whose
behalf the Subscriber is contracting hereunder) and to the retention of such
personal information for as long as permitted or required by law or business
practice. Notwithstanding that the Subscriber may be purchasing Securities as
agent on behalf of an undisclosed principal, the Subscriber agrees to provide,
on request, particulars as to the identity of such undisclosed principal as may
be required by the Company in order to comply with the foregoing.

Furthermore, the Subscriber is hereby notified that: 

	 	(a) 	
      the Corporation may deliver to the Ontario Securities
      Commission and/or the SEC certain personal information pertaining to the
      Subscriber, including such Subscriber’s full name, residential address and
      telephone number, the number of shares or other securities of the
      Corporation owned by the Subscriber, the number of Securities purchased by
      the Subscriber and the total purchase price paid for such Securities, the
      prospectus exemption relied on by the Corporation and the date of
      distribution of the Securities.

	 	 	 
	 	(b) 	
      such information is being collected indirectly by the
      Ontario Securities Commission under the authority granted to it in
      securities legislation,

	 	 	 
	 	(c) 	
      such information is being collected for the purposes of
      the administration and enforcement of the securities legislation of
      Ontario, and

	 	 	 
	 	(d) 	
      the Subscriber may contact the following public official
      in Ontario with respect to questions about the Ontario Securities
      Commission’s indirect collection of such information at the following
      address and telephone number:

Administrative Assistant to the
Director of Corporate Finance 
Ontario Securities Commission 
Suite 1903,
Box 55, 20 Queen Street West 
Toronto, Ontario, M5H 3S8 
Telephone: (416)
593-8086 

- 9 - 

10.              COSTS

10.1 The Subscriber acknowledges and agrees that all costs and
expenses incurred by the Subscriber (including any fees and disbursements of any
special counsel retained by the Subscriber) relating to the purchase of the
Securities shall be borne by the Subscriber. 

11.              GOVERNING
LAW 

11.1 This Subscription Agreement is governed by the laws of the
State of Nevada. The Subscriber, in its personal or corporate capacity and, if
applicable, on behalf of each beneficial purchaser for whom it is acting,
irrevocably attorns to the exclusive jurisdiction of the Courts of the State of
Nevada. 

12.              SURVIVAL

12.1 This Subscription Agreement, including without limitation
the representations, warranties and covenants contained herein, shall survive
and continue in full force and effect and be binding upon the parties hereto
notwithstanding the completion of the purchase of the Securities by the
Subscriber pursuant hereto. 

13.             
ASSIGNMENT 

13.1 This Subscription Agreement is not transferable or
assignable. 

14.             
SEVERABILITY 

14.1 The invalidity or unenforceability of any particular
provision of this Subscription Agreement shall not affect or limit the validity
or enforceability of the remaining provisions of this Subscription Agreement.

15.              ENTIRE
AGREEMENT 

15.1Except as expressly provided in this Subscription Agreement
and in the agreements, instruments and other documents contemplated or provided
for herein, this Subscription Agreement contains the entire agreement between
the parties with respect to the sale of the Securities and there are no other
terms, conditions, representations or warranties, whether expressed, implied,
oral or written, by statute or common law, by the Company or by anyone else.

16.              NOTICES

16.1All notices and other communications hereunder shall be in
writing and shall be deemed to have been duly given if mailed or transmitted by
any standard form of telecommunication. Notices to the Subscriber shall be
directed to the address on Page 12 and notices to the Company shall be directed
to it at the address stated on the first page of this Subscription Agreement.

17.             
  COUNTERPARTS AND ELECTRONIC MEANS

17.1            This
Subscription Agreement may be executed in any number of counterparts, each of
which, when so executed and delivered, shall constitute an original and all of
which together shall constitute one instrument. Delivery of an executed copy of
this Subscription Agreement by electronic facsimile transmission or other means
of electronic communication capable of producing a printed copy will be deemed
to be execution and delivery of this Subscription Agreement as of the date
hereinafter set forth. 

- 10 - 

IN WITNESS WHEREOF the Subscriber has duly executed this
Subscription Agreement as of the date hereinafter set forth. 

DELIVERY AND REGISTRATION INSTRUCTIONS

	1. 	
      Delivery - please make deliveries to the following
      address:

	 	 
		
      (name)

	 	 
		
      (address)

	 	 
	2. 	
      Registration - registration of the Securities should be
      made as follows:

	 	 
		
      (name)

	 	 
		
      (address)

	 	 
	3. 	
      The undersigned hereby acknowledges that he or she will
      deliver to the Company all such additional completed forms in respect of
      the Subscriber's purchase of the Securities as may be required for filing
      with the appropriate securities regulatory
authorities.

 

	 	 	 
	(Name of Subscriber – Please type or print) 	 	(Address of Subscriber) 
	 	 	 
	 	 	 
	(Name of Signatory and Office, if for a body 	 	(City, State, and Zip Code of Subscriber)

	corporate – Please type or print) 	 	  
	 	 	 
	 	 	 
	(Signature) 	 	(Country of Subscriber) 
	 	 	 
	 	 	 
	(Note to be Purchased) 	 	(Fax Number) 
	 	 	 
	 	 	 
	(Total Subscription Price) 	 	(Email Address) 

- 11 - 

A C C E P T A N C E 

The above-mentioned Subscription Agreement in respect of the
Securities is hereby accepted by STRIKER ENERGY CORP. 

DATED at Toronto, Ontario, the _____ day of _________, 2010.

STRIKER ENERGY CORP. 

 

	Per: 	  	 
		Joseph Carusone 	 

- 12 - 

THIS SECURITY WAS ISSUED IN AN OFFSHORE TRANSACTION TO A
PERSON WHO IS NOT A U.S. PERSON AS DEFINED IN REGULATION S PROMULGATED UNDER THE
UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE "1933 ACT"). ACCORDINGLY,
THIS PROMISSORY NOTE HAS NOT BEEN REGISTERED UNDER THE 1933 ACT OR ANY U.S.
STATE SECURITIES LAWS AND, UNLESS SO REGISTERED, IT MAY NOT BE OFFERED OR SOLD
IN THE UNITED STATES OR, DIRECTLY OR INDIRECTLY, TO U.S. PERSONS EXCEPT PURSUANT
TO AN EFFECTIVE REGISTRATION STATEMENT OR PURSUANT TO AN EXEMPTION FROM, OR IN A
TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE 1933 ACT AND IN
EACH CASE ONLY IN ACCORDANCE WITH APPLICABLE STATE SECURITIES LAWS. IN ADDITION,
HEDGING TRANSACTIONS INVOLVING THIS PROMISSORY NOTE MAY NOT BE CONDUCTED UNLESS
IN ACCORDANCE WITH THE 1933 ACT. 

PROMISSORY NOTE 

 

	US$200,000 	JULY 26, 2010 

 

FOR VALUE RECEIVED, the undersigned promises to pay to the
order of BENJAMIN COMPANY S.A. at its principal office located at
SAFFREY SQUARE, NASSAU, BAHAMAS, or at such other place as the holder of
this Note may from time to time designate, the principal sum of TWO HUNDRED
THOUSAND DOLLARS ($200,000.00) in lawful money of the United States of
America, together with interest thereon as herein provided; on JULY
26, 2011. 

The principal amount or such portion thereof as shall remain
outstanding from time to time shall accrue simple interest, calculated monthly
in arrears, at a rate of FIVE PERCENT (5%) PER ANNUM commencing on the
date of this promissory note and payable at maturity. 

If principal is not paid when due, the undersigned promises to
pay all costs of collection, including without limitation, legal fees, and all
expenses in connection with the protection or realization of the collateral
securing this promissory note, if any, or the enforcement of any guaranty hereof
incurred by the holder(s) hereof on account of such collection, whether or not
suit is filed hereon or thereon; such costs and expenses shall include, without
limitation, all costs, expenses and legal fees incurred by the holder(s) hereof
in connection with any insolvency, bankruptcy, arrangement or other similar
proceedings involving the undersigned, or involving any endorser or guarantor
hereof, which in any way affects the exercise by the holder(s) hereof of the
rights and remedies of such holder(s) under this promissory note. 

The undersigned may prepay all or any portion of the principal
sum without prior notice to, or the consent of, the holder, at any time and from
time-to-time during the term of this Note provided that (i) the undersigned is
not in default hereunder at the time of prepayment, (ii) if the prepayment
occurs at any time prior to the first day of the sixth calendar month following
the date of this Note (the “Six Month Anniversary”), the undersigned shall pay,
in lieu of actual interest accrued, an amount equal to the interest that would
have accrued on the amount of the principal sum prepaid if the same had been
outstanding for six months; and (iii) if the prepayment occurs at any time after
the Six Month Anniversary, the undersigned shall pay all interest that has
actually accrued on the amount of the principal sum that is prepaid. 

Presentment, protest, notice of protest and notice of dishonour
are hereby waived. 

STRIKER ENERGY CORP. 

 

	By: 	/s/
      JOSEPH CARUSONE 	 
	  	JOSEPH CARUSONE, President

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