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<br />H. In its sole discretion, the State may at any time give any <br />consent, deferment, subordination, release, satisfaction, or <br />termination of any or all of the Contractor's obligations under <br />this agreement, with or without valuable consideration, upon <br />such terms and conditions as the State may determine to be: (a) <br />advisable to further the purposes of this contract or to <br />protect the State's financial interest therein, and (b) <br />consistent with both the statutory purposes of this contract <br />and the limitations of the statutory authority under which it <br />is made. <br /> <br />I. The Colorado Water Conservation Board, acting through its <br />agents and employees, is hereby designated as the agent of the <br />State for the purpose of this contract. <br /> <br />J. All notices, correspondence, or other documents required <br />by this contract shall be delivered or mailed to the following <br />addresses: <br /> <br />(a) For the State <br /> <br />(b) For the Contractor <br /> <br />Director <br />Colorado Water Conservation Board <br />721 State Centennial Building <br />1313 Sherman Street <br />Denver. CO 80203 <br />Attn: Nick Ioannides <br /> <br />Upper Yampa Water <br />Conservancy District <br />Steamboat Springs, CO <br />80488-0399 <br />Attn: ohn Fetcher <br />Sec -Treasurer <br /> <br />~~~ <br />~ <br /> <br />Page ~ of ~ Pages <br />