Exhibit I Facility Use Agreement.pdf (143 KB)

EXHIBIT I TO CHARTER SCHOOL CONTRACT Lease Agreement THIS LEASE AGREEMENT ("Lease") is made and entered into as of the 1st day of July 2026, by and between the BOULDER VALLEY SCHOOL DISTRICT RE-2, a political subdivision and public school district within the state of Colorado, 6500 East Arapahoe Avenue, Boulder, Colorado 80301 ("School District") and HORIZONS K-8 School, a Colorado nonprofit corporation and charter school, authorized by the school district, Boulder, Colorado ("Charter School"). Background A. The School District is the owner of the real property and building known as 4545 Sioux Dr. Boulder, CO 80303 (the “Premises”). Each party separately owns some of the personal property located at the Premises. B. The School District is authorized to lease its property pursuant to C.R.S. § 22-32110(1)(f). Charter School desires to lease the Premises and acknowledges that it has no expectation or desire to acquire any ownership interest in it and will not acquire any such interest during the Lease Term or thereafter unless publicly authorized by a Resolution of the School District's Board of Education. · C. The School District and Charter School have contemporaneously entered into a Charter School Contract, dated as of July 1, 2026 ("Charter Contract"). D. Charter School desires to lease the Premises from the School District subject to the terms and conditions of this Exhibit I to the Charter Contract (referred to as "Lease"). E. The parties acknowledge and confirm that they have negotiated this Lease for occupancy of School District facilities in full compliance with all applicable provisions of law, including without limitation the Charter Schools Act. In consideration of the foregoing Background, the Charter Contract and the Parties mutual promises, the Parties agree: 1.

PREMISES

1.1 Real Property. Subject to the School District's reserved rights herein, the School District leases to Charter School the Premises including the buildings, grounds, furnishings, equipment, and improvements. 1.2 Personal Property. In addition to the real property identified in paragraph 1.1 above, the Premises shall be deemed to include all those items of personal property, including, without limitation, furniture and equipment, if any, currently owned by the School District and used in connection with programs being conducted at the Premises.

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TERM OF LEASE

The term of this Lease ("Lease Term") shall commence on July 1, 2026, and shall expire on the last effective date of the Charter Contract, unless sooner terminated as provided herein in the event of a default. This Lease is incorporated into the Charter Contract as Exhibit I. 3.

OPERATION AND MAINTENANCE COSTS

In accordance with the Charter Schools Act, the Charter School shall not be required to pay rent for its occupancy of the Premises, but agrees to pay all costs for the operation and maintenance of the Premises in accordance with the Purchased Services as set forth in this Lease and Exhibit D to the Charter Contract. 4.

USE OF PREMISES

Subject to the School District's reserved rights, Charter School shall have the exclusive right and obligation to use and occupy the Premises solely as and only so long as it remains a Boulder Valley School District public educational facility and Boulder Valley School District charter school and for other uses and services that are incidental and related. Charter School covenants throughout the term of this Lease to promptly comply with all laws, regulations, and requirements of all federal, state, and municipal governments applicable to such uses and occupancy. Compliance shall not require Charter School to construct modifications to the building. In addition, Charter School shall comply with the School District's building and facility use policies, as adopted by its Board of Education and amended from time to time, including, without limitation, tobacco and drug free schools and community use of school facilities. 5.

ACCEPTANCE OF PRESENT CONDITION

Charter School currently occupies the Premises and accepts the same in the present condition; provided, however, said acceptance does not relieve the School District of responsibility for the maintenance and repair of the Premises consistent with applicable codes. 6.

UTILITIES

As part of the Charter School’s payment for the Purchased Services, the School District shall pay for all charges for water, heating, gas, electricity, and other public utilities used on the Premises as part of the Purchased Services. The School District shall not be held liable to Charter School for damages or otherwise if any utility or communication service is interrupted or terminated because of necessary repairs, installations, improvements or any cause beyond the control of the School District. 7.

MAINTENANCE AND REPAIR

7.1 As part of the Charter School’s payment for the Purchased Services, including “District Wide Maintenance and Operations” identified in Exhibit D, the School District shall throughout the term of this Lease, pay for all maintenance (except for maintenance described

as “custodial services”), repairs, or replacements necessary to maintain the Premises in good working order in accordance with the same standards and practices used for other School District operated facilities and/or as required by applicable law and regulations of the state of Colorado to maintain the Premises as a public school. In the event that there are any damages to the Premises that are caused by the actions of Charter School, its students, employees, or invitees, then Charter School shall be responsible for the repair of the same, unless such damages are covered by insurance, including any applicable deductibles, maintained by the School District. Charter School covenants that it will not permit, commit, or allow waste, impairment, or deterioration of the Premises or the improvements or any part, reasonable wear and tear excepted. Charter School shall maintain and repair furnishings, equipment, and other personal property that has been leased or is used as part of this Lease, regardless of ownership. The School District will maintain an inventory of any School District owned equipment or personal property located at the Premises. In the event Charter School believes any School District-owned item that has been leased and listed on the inventory becomes obsolete or no longer economical to maintain or repair, it shall notify the School District in writing and the School District will determine whether the item should be taken out of service, sold, replaced or disposed of in another manner. 7.2

7.3 Charter School shall, consistent with the definition of custodial services, maintain the facility in a clean, safe, and operable condition consistent with the standards established by the School District for its schools, including adherence to ISSA Level 3 cleaning standards, unless otherwise agreed in writing. The purpose of this requirement is to ensure the long-term preservation of School District-owned facilities, provide a safe and healthy environment for students and staff, and prevent waste, impairment, or deterioration of the Premises. Charter School shall not permit, commit, or allow waste, impairment, or deterioration of the Premises, including conditions resulting from inadequate custodial services.

Charter School may elect to opt in or opt out of the School District’s Custodial Support central service with written notice provided by April 1 of each year. ● If the Charter School elects to opt in, custodial staffing allocations will be provided by the School District in accordance with established formulas and ISSA standards. Charter School will recruit, hire, and train in accordance with District standards and the District’s Custodial Manual their own charter staff. Reimbursement for charter custodian staff salary and benefits under this paragraph shall be based upon the actual amounts paid by Charter School for the approved FTE, but shall not exceed the salary and benefits that such custodian would receive if they were hired by the School District and placed on its adopted salary schedule in accordance with its procedures. ● If the Charter School elects to opt out, the Charter School assumes full responsibility for custodial services, including staffing, training, supervision, and performance. Charter School shall ensure that custodial services meet the School District’s standards, including ISSA Level 3 cleaning expectations, use of School District-approved chemicals and equipment, and participation in required School District training. ● For purposes of this Lease, “custodial services” means maintaining the facility in a clean, safe, and secure condition through daily, seasonal, and project-based custodial work. Custodial services include, but are not limited to, cleaning classrooms, offices, restrooms, cafeterias, hallways, libraries, and other interior spaces; restroom restocking; trash removal 7.4

from the building and exterior containers; event and meeting setup and breakdown; locking and unlocking areas and securing the building; routine building and grounds inspections; monitoring lighting, plumbing, electrical, and mechanical systems and reporting maintenance and safety concerns ; addressing minor issues within scope; supporting deliveries; performing Integrated Pest Management activities in accordance with established procedures; snow and ice removal of walkways and entryways (reference the attached map for areas of responsibility); mowing and grounds maintenance in areas not accessible by ride-on equipment (i.e. planter beds); exterior window cleaning; and summer, seasonal, and deepcleaning projects. Custodial services also include responding as essential personnel during emergencies, weather or environmental events, and school, facility, or School District closures, and supporting the school’s crisis management plan as directed. If Charter School uses School District equipment, Charter School shall be solely responsible for ensuring its custodial staff are properly trained in the safe use, cleaning, and routine maintenance of such equipment. 7.5 If the Charter School fails to maintain the facility in accordance with School District standards, the School District may require corrective action, including but not limited to deep cleaning, restoration, or remediation. Charter School shall be responsible for any and all costs associated with such corrective action, including impacts to building systems, finishes, or equipment. If deficiencies are not corrected within a reasonable timeframe, the District reserves the right to provide custodial services directly and charge the Charter School for all associated costs. 8.

ALTERATIONS TO PREMISES

Charter School's right to make alterations to the Premises is subject to the following conditions that Charter School agrees to observe and perform: No change or alteration shall at any time be made that shall impair the structural soundness or diminish the value of the buildings on the Premises. Do not permanently affix, maintain or locate any signs, advertising placards, names, insignia, trademarks, descriptive material or any other such item on the facility unless first approved by the School District in writing. 8.1

8.2 Charter School shall give prior written notice to the School District of any proposed change or alteration to the Premises. Further, no change or alteration shall be made involving an expenditure in excess of $5,000.00 without the prior written consent of the School District.

No change or alteration shall be undertaken until Charter School has provided the required notice and, where applicable, has received written approval from the School District. Also, where applicable, Charter School will procure and pay for any and all required governmental permits and authorizations of various governmental subdivisions having jurisdiction before Charter School undertakes any change or alteration. The School District will obtain any required permits or authorizations for construction projects that it manages. 8.3

All work done in connection with any change or alteration shall be done in a good and workmanlike manner and in compliance with the applicable building and zoning laws, with all other laws, ordinances, orders, rules, regulations, and requirements of all federal, state, and municipal government and the appropriate departments, boards, and officers. 8.4

At all times when any change or alteration is in progress that is being managed by Charter School , there shall be maintained at Charter School’s expense worker's compensation insurance in accordance with law governing all persons employed in connection with the change or alteration and general liability insurance for the mutual benefit of the School District and Charter School, expressly covering the additional hazards due to the change or alteration. 8.5

All alterations, additions, improvements, repairs, renovations, and appurtenances installed or affixed on or to the premises during the term of this Lease shall become the sole property of the School District upon the termination of this Lease. However, all movable equipment, facilities, alterations, additions, or improvements installed by Charter School shall be and remain the property of Charter School during the term of this Lease and upon termination as long as the same are removed from the premises on or before the termination of this Lease. 8.6

8.7 Nothing in this Lease shall be construed as constituting the consent or request of the School District, expressed or implied, by inference or otherwise, to any contractor, subcontractor, laborer, or materialman for the performance of any labor or the furnishing of any materials for any specific improvement, alteration, or repair of or to the Premises or any part. Nothing in this Lease shall be construed as giving Charter School any right, power, or authority to contract for or permit the rendering of any services or the furnishing of any materials that would give rise to the filing of any public works claims against the School District's interest in the Premises. Charter School will give a copy of this provision of the Lease to any contractor who is performing construction services for Charter School.

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INSURANCE

9.1 Unless obtained from the School District (in which case Charter School shall be deemed to have the coverage required by this Section 9), Charter School shall maintain in full force and effect during the Lease Term, at its own expense and in companies acceptable to School District, the following policy or policies of insurance; (a) Commercial general liability insurance, including property damage, insuring the School District and Charter School (and any other person or persons whom the School District may designate, called "additional insured" in this Lease) from and against all claims, demands, actions, or liability for injury to or death of any persons, and for damage to property arising from or related to the use or occupancy of the Premises or Charter School's operations. No deductible will be carried under this coverage without the prior written consent of the School District. This policy must contain, but not be limited to, coverage for Premises and operations, products and completed operations, blanket contractual, personal injury, operations, ownership, maintenance and use of owned, nonowned, or hired automobiles, bodily injury, and property damage. The policy must have limits in amounts not less than $5,000,000

per occurrence and $15,000,000 in the aggregate. (b) Worker's compensation insurance with a limit of no less than that amount required by law. (c) Insurance insuring Charter School 's personal property and any fixtures or improvements installed by the Charter School, less any applicable deductibles or self-insured retention if coverage is purchased from the School District, at the Premises against loss or damage caused or other causes covered in a fire and extended coverage insurance policy. Applicable deductions or self-insurance retention shall not exceed $10,000. 9.2 The School District will maintain in full force and effect during the Lease Term, at its expense, ”All-risk" fire insurance and other casualties, including, without limitation, vandalism and malicious mischief, equal to not less than ninety percent (90%) of the replacement value of all furnishings, trade fixtures, leasehold improvements, buildings and improvements, equipment, merchandise, and other personal property owned by the School District from time to time situated in, on, or upon the Premises. The proceeds from any such insurance will be payable to the School District and held in trust by the School District to be used only for the repair or replacement of the improvements, fixtures, and other property so insured. 9.3 If this Lease is canceled by reason of damage or destruction and Charter School is relieved of its obligation to restore or rebuild the improvements on the Premises, any insurance proceeds for damage to the Premises, including all fixtures and leasehold improvements, will belong to the School District, free and clear of any claims by Charter School. Any proceeds of insurance for personal property shall be retained by the party owning such personal property. 9.4 All policies of insurance described in this paragraph that Charter School is to procure and maintain will be issued by responsible companies, reasonably acceptable to the School District and qualified to do business in the state of Colorado. Executed copies of such policies of insurance or, at the School District’s election, certificates of such insurance, will be made available to the School District and any additional insureds or loss payee within ten (10) days after a written request. All public liability and property damage policies will contain the following provisions: (a) The School District, and any additional designated insureds, although named as insured, will nevertheless be entitled to recovery under said policies for any loss occasioned to them, their servants, agents, and employees by reason of the liability of Charter School, its officers, agents, or employees. (b) The company writing the policy will agree to give the School District and any additional insured or loss payee not less than thirty (30) days' notice in writing prior to any cancellation, reduction, or modification of such insurance.

(c) All public liability, property damage, and other casualty policies will be written as primary policies, not entitled to contribution from, nor contributing with, any coverage that the School District may carry.

9.5 If Charter School fails either to acquire the insurance required pursuant to this paragraph or to pay the premiums for such insurance or to deliver required certificates or policies, the School District may, in addition to any other rights and remedies available to the School District, acquire such insurance and pay the requisite premiums for them. Those premiums will be payable by Charter School to the School District immediately upon demand. 9.6 The School District and Charter School waive any rights each may have against the other for loss or damage to its property or property in which it may have an interest if the loss is caused by a peril of the type generally covered by property insurance with extended coverage or arising from any cause that the claiming party was obligated to insure against under this Lease. The School District and Charter School on behalf of their insurer waive any right of subrogation that the insurer might otherwise have against the other. The School District and Charter School agree to cause their respective insurance companies insuring the Premises or insuring their property on or in the Premises to execute a waiver of any such rights of subrogation. 10. ASSIGNMENT AND SUBLETTING Neither this Lease nor any interest may be assigned by Charter School, voluntarily or involuntarily, by operation of law or otherwise, and neither all nor any part of the Premises shall be subleased by Charter School without the prior written consent of the School District. Any consent to assignment or subletting given by the School District shall not constitute a waiver of the necessity for such consent to a subsequent assignment or subletting. Notwithstanding any assignment or sublease, Charter School shall remain fully liable under the terms and conditions of this Lease and shall not be released from performing any of the terms, covenants, and conditions. The sublessee or assignee shall specifically be responsible for (in addition to Charter School) all payments, conditions, covenants, and agreements in this Lease. Charter School may permit use of the facility by persons or groups associated with it for functions and activities consistent with the use of a public school building, and in accordance with District policies regarding facility use. 11. CONDEMNATION 11.1 If, during the term of this Lease, or any extension, the whole or substantially all of the Premises shall be taken as a result of the exercise of the power of eminent domain, this Lease and all of Charter School's obligations shall terminate as of the date of final vesting of title or delivery of possession by a court of competent jurisdiction of the Premises or delivery of possession, whichever event shall first occur, pursuant to such proceeding. For the purposes of this Article 11 "substantially all of the Premises" shall be deemed to have been taken if a taking under any such proceeding shall involve such an area, whether the area be improved with building or be utilized for a parking area or for other use, that Charter School cannot reasonably operate in

the remainder of the Premises being conducted on the Premises at the time of such proceeding. 11.2 Any award granted for either partial or complete taking regarding the Premises shall be the property of the School District. Charter School shall be entitled to such portion of the award as is equal to the value of any real property and leasehold improvements owned by Charter School. The value of any such improvements shall be equal to the depreciated value of such improvements on the books of Charter School as of the date of vesting of title of the Premises or delivery of possession, whichever event shall first occur pursuant to such proceeding. Charter School shall also be entitled to make claim in its own name to the condemning authority for the value of any furniture, trade fixtures, trade equipment, merchandise, or personal property of any kind belonging to Charter School and not forming part of the real estate, or for the cost of moving all of the same, and any such award made directly to Charter School shall belong entirely to Charter School. 12. DESTRUCTION OF PREMISES If the Premises are substantially or totally destroyed by any cause, and if the School District has determined in its reasonable discretion that the Premises cannot be repaired within ninety (90) days after giving written notice thereof to Charter School, the School District shall not be obligated to repair the damage or rebuild the Premises regardless of whether the School District has received any insurance proceeds for such damage. If the School District elects not to repair the damage or rebuild the Premises and the damage to the Premises precludes Charter School from conducting the activities specified in this Lease, Charter School may terminate this Lease by giving ten (10) days' written notice to the School District. If the School District does not elect to repair or rebuild within the ten (10) days, this Lease shall then terminate at the end of the ten (10) day period.

13. DEFAULT PROVISIONS AND REMEDIES The occurrence of any one or more of the following events shall constitute a default and breach of this Lease by Charter School: 13.1 Charter School failing to make any payments required to be made by Charter School under this Lease, within five (5) days following the date when due. 13.2 Charter School failing to perform or keep any of the other terms, covenants, and conditions for which it is responsible, and such failure continuing and not being cured for a period of thirty (30) days following notice from the School District to Charter School, or if such default is a default which cannot be cured within a thirty (30) day period, then Charter School failing to commence to correct the same within said thirty (30) day period and failing to prosecute the same to completion with reasonable diligence. 13.3 Except as permitted under this Lease, Charter School abandoning the Premises. 13.4 Charter School being adjudicated a bankrupt or insolvent or Charter School filing in

any court a petition in bankruptcy or for reorganization or for the adoption of an arrangement under the Bankruptcy Code (as now or in the future amended) or the filing of an involuntary bankruptcy which is not terminated within thirty (30) days from the date of said filing or Charter School filing in any court for the appointment of a receiver or trustee of all or a portion of Charter School's property or there being appointed a receiver or trustee for all or a portion of Charter Schools property, unless said receiver or trustee is terminated within thirty (30) days from the date of said appointment. 13.5 Charter School fails to have or maintain a charter under the Colorado Charter Schools Act that is issued by the Boulder Valley School District or obtains a charter issued by the State Charter School Institute or any other school authorizing authority and begins operations under any such charter. 13.6 If any of the above-mentioned events of default shall occur, the School District may at its option: (a) Give to Charter School a notice of termination of this Lease, and upon the dates specified in such notice from the School District to Charter School, the term of this Lease shall expire as fully and completely as if that day were the day originally fixed for the expiration of the term of this Lease, and on the date so specified, Charter School shall then quit and surrender the Premises to the School District, but Charter School shall remain liable as provided . (b) Notwithstanding the provisions of paragraph 13.6(a) above, in the event that one or more of the events of default shall occur, the School District, at its option and without terminating this Lease, may enter upon any part of the Premises and occupy or lease the whole or any part on such terms and conditions as the School District may deem proper. 13.7 No remedy in this Lease or otherwise conferred upon or reserved to the School District shall be considered exclusive of any other remedy, but the same shall be cumulative and shall be in addition to every other remedy conferred, including by statute. Every power and remedy given by this Lease to the School District may be exercised from time to time and as often as occasion may arise or as may be deemed expedient by the School District. No delay or omission of the School District to exercise any right or power arising from any default shall impair any such right or power, nor shall it be construed to be a waiver of any such default or any acquiescence.

14. HOLD OVER Any rule or law to the contrary notwithstanding, in the event that Charter School remains in possession of any part of the Premises subsequent to the expiration of the term and such holding over shall be with the consent of the School District, it shall be conclusively deemed that such possession and occupancy shall be a tenancy from month-to-month only and shall be subject to all of the terms and conditions of this Lease.

15. SURRENDER OF PREMISES Upon the expiration or termination of the Lease Term, Charter School shall peaceably and quietly leave and surrender the Premises in as good condition as they existed at the commencement of the Lease, ordinary wear and tear excepted. Charter School shall surrender and deliver the buildings and Premises free of Charter School's property. Provided Charter School is not in default under this Lease, Charter School shall have the right to remove all of its trade fixtures, equipment, and machinery, provided that upon removal the Premises are delivered in the same condition as existed at the time of commencement of this Lease. Further, in the event Charter School does not remove any of its own trade fixtures, equipment, or personal property or any additions or alterations made to the Premises during the term of this Lease, the School District may, at its option, require Charter School to remove any such improvements, alterations, trade fixtures, and equipment and restore the Premises to the condition as existed at the commencement of this Lease, or retain the same. . 16. NOTICES All notices, demands, and requests required to be given by either party to the other shall be in writing. All notices, demands, and requests shall either be hand delivered or shall be sent by certified or registered mail, return receipt requested, postage prepaid, addressed to the parties at the addresses set forth below or at such other addresses as the parties may designate in writing delivered pursuant to the provisions of this Lease . Any notice when given as provided shall be deemed to have been delivered on the date personally served or three (3) days after mailing when sent by certified mail, postage prepaid, as follows: Superintendent of Schools Boulder Valley School District RE 2 6500 East Arapahoe Avenue Boulder, Colorado 80301

If to School District:

If to Charter School:

Board of Directors and Principal Horizons K-8 School 4545 Sioux Dr. Boulder, CO 80303

17. TIME OF THE ESSENCE Time is of the essence

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18. SCHOOL DISTRICT REPRESENTATIONS AND WARRANTIES The School District represents and warrants that: The School District has fee simple title to the Premises and has the right to enter into and make this Lease. (a)

Charter School, upon performing all of the terms and conditions of this Lease on its part to be performed, shall at all times during the term herein demised (b)

peacefully and quietly have, hold, and enjoy the Premises, subject to the School District's rights to terminate, as provided . 19. RIGHT TO INSPECT PREMISES The School District, or the School District's agent and representative, shall have the right to enter into and upon the Premises at all reasonable hours for the purpose of examining the same; provided, however, the School District will not unreasonably disrupt the educational process of Charter School. 20. NON-WAIVER No waiver by the School District and/or Charter School of any provision in this Lease shall be deemed a waiver of any other provisions or of any subsequent breach by Charter School or the School District of the same of any other provision. The School District's or Charter School’s consent to or approval of any act shall not be deemed to render unnecessary the obtaining of the School District's or Charter School’s consent to or approval of any subsequent act by Charter School or the School District, as applicable. 21. ATTORNEYS' FEES In case suit shall be brought to enforce any provisions of this Lease, the prevailing party shall (in addition to other relief granted) be awarded all reasonable attorneys' fees and costs resulting from such litigation. 22. COMPLETE AGREEMENT This Lease and the Charter Contract, including all exhibits, supersede any and all prior written or oral agreements and there are no covenants, conditions, or agreements between the parties except as set forth herein. No prior or contemporaneous addition, deletion, or other amendment hereto shall have any force or effect whatsoever unless embodied herein in writing. No subsequent novation, renewal, addition, deletion, or other amendment hereto shall have any force or effect unless embodied in a written contract executed and approved by the parties. 23. CAPTIONS, CONSTRUCTION, AND LEASE EFFECT The captions and headings used in this Lease are for identification only, and shall be disregarded in any construction of the Lease provisions. All of the terms of this Lease shall inure to the benefit of and be binding upon the respective successors, and permitted assigns of both the School District and Charter School. If any portion, clause, paragraph, or section of this Lease shall be determined to be invalid, illegal, or without force by a court of law or rendered so by legislative act, then the remaining portions of this Lease shall remain in full force and effect. 24. CONSENT Unless otherwise specifically provided, whenever consent or approval of the School District or Charter School is required under the terms of this Lease, such consent or approval shall not be unreasonably withheld or delayed and shall be deemed to have been given if no response is received within thirty (30) days of the date of request was made. If either party withholds any consent or approval, such party shall on written request delivery to the other party a written 11

statement giving the reasons

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25. LIABILITY EXPOSURE Notwithstanding any other section of this Lease to the contrary, no term or condition of this Lease shall be construed or interpreted as a waiver, either expressed or implied, of any of the immunities, rights, benefits, or protection provided to the School District under the Colorado Governmental Immunity Act including, without limitation, any amendments to such statute, or under any similar statute which is subsequently enacted. The parties hereto understand and agree that liability for claims for injuries to persons or property arising out of the negligence of the School District or Charter School, their directors and employees is controlled and limited by the provisions of C.R.S. Sections 24-10-101 et seq. and C.R.S. Sections 24-30-1501 et seq. Any provision of this Lease, whether or not incorporated herein by reference, shall be controlled, limited, and otherwise modified so as to limit any liability of the School District and/or Charter School to the above-cited laws. 26. SECURITY DEPOSIT Charter School shall not be required to remit a security deposit to School District. 27. COLORADO LAW This Lease has been executed and delivered in the state of Colorado and shall be construed in accordance with the laws of the state of Colorado. IN WITNESS WHEREOF, the parties hereto have executed this Exhibit on the day and year first above written. BOULDER VALLEY SCHOOL DISTRICT RE-2 BY:________________________________________ Title:_____________________________________ HORIZONS K8 SCHOOL a Colorado Charter School BY:______________________________________ Title:_____________________________________

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