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be solely and entirely responsible for its acts and the acts of <br />its agents, employees, servants, engineering firms, construction <br />firms, and subcontractors during the performance of this <br />contract. <br />F. At all times during the performance of this contract, the <br />Contractor shall strictly adhere to all applicable Federal, <br />State, and local laws and regulations that have been or may <br />hereafter be established. <br />G. This agreement is intended as the complete integration of <br />all understandings between the parties. No prior or <br />contemporaneous addition, deletion, or other amendment hereto <br />shall have any force or effect whatsoever unless embodied herein <br />in writing. No subsequent notation, renewal, addition, <br />deletion, or other amendment hereto shall have any force or <br />effect unless embodied in a written contract executed and <br />approved pursuant to State fiscal rules. <br />H. In its sole discretion, the State may at any time and in <br />writing give any consent, deferment, subordination, release, <br />satisfaction, or termination of any or all of the Contractor's <br />obligations under this agreement, with or without valuable <br />consideration, upon such terms and conditions as the State may <br />determine to be: (a) advisable to further the purposes of this <br />contract or to protect the State's financial interest therein, <br />and (b) consistent with both the statutory purposes of this <br />contract and the limitations of the statutory authority under <br />which it is made. <br />I. Upon completion of repayment to the State in the amount of <br />Two Million Six Hundred Thirty -Two Thousand Thirteen Dollars <br />($2,632,013.00), as set forth in paragraph A.13. above of this <br />contract, the State agrees to convey to the Contractor all of <br />the State's right, title, and interest in and to the project and <br />any other property described in paragraph A.14. above by deed or <br />other proper conveyance. <br />J. The Colorado Water Conservation Board, its agents and <br />employees, is hereby designated as the agent of the State for <br />the purpose of this contract. <br />K. The Contractor agrees and understands that Sections <br />37-60-119 through 37-60-122, C.R.S., as amended, require that <br />the loan of money by the State to the Contractor for this water <br />project be conditioned upon the repayment of the loan to the <br />State. The Contractor hereby agrees to take any and all actions <br />necessary to guarantee such repayment as provided herein <br />including, without being limited to, the actions specified in <br />this contract. <br />Page 9 of 13 Pages <br />