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e <br />H. In its sole discretion, the S[ate may at any time give any <br />consent, defeLment. subordina[ion, celease, sa[isfaction, or <br />CerminaCion of any or all of the Contrac[or�s obligations under <br />Chis aqreement, with or wi[hou[ valuable consideration, upon <br />such terms and conditions as the State may determine [o be: (a) <br />advisable to further the purposes of [his contract or to <br />protect [he S[ate's financial incecest therein, and (b) <br />consis[en[ wi[❑ botn the sta[utory purposes of this contracC <br />and the limi[ations of [he sta[utory authori[y under which it <br />is made. <br />I. The Colorado Water Conserva[ion Board, acting [hrough its <br />agents and employees, is heteby designated as the agen[ of [he <br />State for the purpose of [his contract. <br />J. All notices, correspondence, or o[her documen[s required <br />by Chis contcac[ shall be delivered or mailed to the following <br />addcesses: <br />(a) Por the State (b) For CAe Contractor <br />Director Upper Yampa Water <br />Colorado Water ConServation Board ConserVancy District <br />721 S[a[e Centennial Building Steamboat Springs, CO <br />1313 Sherman SCree[ 80488-0399 <br />Denver, CO 80203 Attn: John Ne[cher <br />Attn: Nick Ioannides Secre[ary-Treasurer <br />Page 6 of B Pages <br />