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The State, at its discretion, shall have the option to extend the performance under this <br />Agreement beyond the Initial Term for a period, or for successive periods, of 1 year or less <br />at the same rates and under the same terms specified in this Agreement (each such period an <br />"Extension Term"). In order to exercise this option, the State shall provide written notice to <br />Grantee in a form substantially equivalent to Exhibit C. <br />D. End of Term Extension <br />If this Agreement approaches the end of its Initial Term, or any Extension Term then in place, <br />the State, at its discretion, upon written notice to Grantee as provided in §15., may unilaterally <br />extend such Initial Term or Extension Term for a period not to exceed 2 months (an "End of <br />Term Extension"), regardless of whether additional Extension Terms are available or not. <br />The provisions of this Agreement in effect when such notice is given shall remain in effect <br />during the End of Term Extension. The End of Term Extension shall automatically terminate <br />upon execution of a replacement Agreement or modification extending the total term of this <br />Agreement. <br />E. Early Termination in the Public Interest <br />The State is entering into this Agreement to serve the public interest of the State of Colorado <br />as determined by its Governor, General Assembly, or Courts. If this Agreement ceases to <br />further the public interest of the State, the State, in its discretion, may terminate this <br />Agreement in whole or in part. This subsection shall not apply to a termination of this <br />Agreement by the State for breach by Grantee, which shall be governed by §13.A.i. <br />i. Method and Content <br />The State shall notify Grantee of such termination in accordance with §15. The notice <br />shall specify the effective date of the termination and whether it affects all or a portion <br />of this Agreement. <br />ii. Obligations and Rights <br />Upon receipt of a termination notice for termination in the public interest, Grantee shall <br />be subject to the rights and obligations set forth in §13.A.i.a. <br />iii. Payments <br />If the State terminates this Agreement in the public interest, the State shall pay Grantee <br />an amount equal to the percentage of the total reimbursement payable under this <br />Agreement that corresponds to the percentage of Work satisfactorily completed and <br />accepted, as determined by the State, less payments previously made. Additionally, if <br />this Agreement is less than 60% completed, as determined by the State, the State may <br />reimburse Grantee for a portion of actual out-of-pocket expenses, not otherwise <br />reimbursed under this Agreement, incurred by Grantee which are directly attributable <br />to the uncompleted portion of Grantee's obligations, provided that the sum of any and <br />all reimbursement shall not exceed the maximum amount payable to Grantee hereunder. <br />Contract Number: CTGGI 2018-1467 Page 3 of 22 Version 0817 <br />