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<TITLE>Form 8-K</TITLE>
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<td align=center><font face="Times New Roman, Times, serif" size="3"> <b>UNITED
    STATES<br>
    SECURITIES AND EXCHANGE COMMISSION<br>
    Washington, DC 20549</b></font></td>
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<td>&nbsp;</td>
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  <td align=center><font face="Times New Roman, Times, serif" size="5"><b>Form
    8-K</b></font></td>
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<td>&nbsp;</td>
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  <td align=center><font face="Times New Roman, Times, serif" size="3"><b>CURRENT
    REPORT<br>
    Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934</b></font></td>
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<td>&nbsp;</td>
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      <td align=center>
        <font face="Times New Roman, Times, serif" size="2">Date
        of Report (Date of earliest event reported):&nbsp;&nbsp;&nbsp;<b>November 12, 2004</b></font></td>
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<td>&nbsp;</td>
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      <td align=center><img src="kclogosm.gif" width="109" height="96"></td>
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<td>&nbsp;</td>
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      <td align=center><b><font face="Times New Roman, Times, serif" size="+3">KinderCare Learning Centers, Inc.</font></b><br>
        <font face="Times New Roman, Times, serif" size="2">(Exact name of registrant
        as specified in its charter) </font></td>
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    <tr>
      <td colspan=3>&nbsp;</td>
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<td>&nbsp;</td>
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      <td align=CENTER width="208"><font face="Times New Roman, Times, serif" size="3"><b>Delaware</b></font>
        <hr noshade>
        <font face="Times New Roman, Times, serif" size="2"> (State or other jurisdiction
        <br>
        of incorporation)</font></td>
      <td align="CENTER" width="217"><font face="Times New Roman, Times, serif" size="3"><b>333-42137</b></font>
        <hr noshade>
        <font face="Times New Roman, Times, serif" size="2">(Commission<br>
        File Number)</font></td>
      <td align="CENTER" width="195"><font face="Times New Roman, Times, serif" size="3"><b>63-0941966</b></font>
        <hr noshade>
        <font face="Times New Roman, Times, serif" size="2">(IRS Employer <br>
        Identification No.)</font></td>
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<td>&nbsp;</td>
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      <td align=center height="48"><font face="Times New Roman, Times, serif" size="3"><b>650
        NE Holladay Street, Suite 1400<br>
        Portland, OR 97232</b></font>
        <hr noshade width="60%">
        <font face="Times New Roman, Times, serif" size="2">(Address of principal
        executive offices, zip code)</font><font face="Times New Roman, Times, serif" size="2">
        </font></td>
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<td>&nbsp;</td>
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      <td colspan=2>
        <div align="center"><font face="Times New Roman, Times, serif" size="2">Registrant's
          telephone number, including area code</font><font face="Times New Roman, Times, serif" size="3">:
          <b>(503) 872-1300</b></font></div>
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<td>&nbsp;</td>
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      <td align=center height="48"><font face="Times New Roman, Times, serif" size="3"><b>Not applicable</b></font>
        <hr noshade width="60%">
        <font face="Times New Roman, Times, serif" size="2">(Former name or former address, if changed since last report)</font><font face="Times New Roman, Times, serif" size="2">
        </font></td>
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<td>&nbsp;</td>
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<td>Check the appropriate box below if the Form 8-K filing is intended to simultaneous
satisfy the filing obligation of the registrant under any of the following provisions:</td>
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<td>&nbsp;</td>
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<td width=10% valign=top align=center>[&nbsp;&nbsp;]</td>

<td width=90% valign=top align=left>Written communications pursuant to Rule 425
under the Securities Act (17 CFR 230.425)</td>
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<td>&nbsp;</td>
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<td width=10% valign=top align=center>[&nbsp;&nbsp;&nbsp;&nbsp;]</td>
<td width=90% valign=top align=left>Soliciting material pursuant to Rule 14a-12
under the Exchange Act (17 CFR 240.14a-12)</td>
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<td>&nbsp;</td>
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<td width=10% valign=top align=center>[&nbsp;&nbsp;&nbsp;&nbsp;]</td>

<td width=90% valign=top align=left>Pre-commencement communications pursuant to
Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</td>
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<td>&nbsp;</td>
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<td width=10% valign=top align=center>[&nbsp;&nbsp;&nbsp;&nbsp;]</td>
<td width=90% valign=top align=left>Pre-commencement communications pursuant to
Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</td>
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<td>&nbsp;</td>
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<td colspan=2><hr noshade></td>
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<p Style='page-break-before:always'>
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<td><font face="Times New Roman, Times, serif" size="3"><b>Item
1.01&nbsp;&nbsp;Entry into a Material Definitive Agreement.</b></font></td>
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<td>&nbsp;</td>
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<td><font face="Times New Roman, Times, serif" size="3"> On November 12, 2004,
KinderCare Learning Centers, Inc. (&#147;KinderCare&#148;) entered into
severance agreements (the &#147;Senior Executive Agreements&#148;) with each of
the following executive officers of KinderCare: Dan R. Jackson, Executive Vice
President, Chief Financial Officer, Bruce A. Walters, Senior Vice President,
Chief Development Officer, S. Wray Hutchinson, Senior Vice President of
Operations, Edward L. Brewington, Senior Vice President of Human Resources and
Education, and Eva M. Kripalani, Senior Vice President, General Counsel and
Secretary (each a &#147;Senior Executive&#148;). Each Senior Executive Agreement
provides for certain severance benefits to the Senior Executive, subject to the
execution of a general release, in the event that the Senior Executive&#146;s
employment is terminated for any reason following any Change of Control Event
(as defined in the Senior Executive Agreements), except if the termination is by
KinderCare for Cause (as defined in the Senior Executive Agreements) or as a
result of the death or Permanent Disability (as defined in the Senior Executive
Agreements) of the Senior Executive. These benefits primarily consist of (a) a
payment to the Senior Executive of an amount equal to two-and-a-half times the
sum of the Senior Executive&#146;s base salary, targeted annual bonus for the
year of termination and twenty-five percent of the Senior Executive&#146;s base
salary as a benefits allowance and (b) all accrued compensation of the Senior
Executive, including the pro rated amount of the Senior Executive&#146;s bonus
for the year of termination. In addition, the Senior Executive will be entitled
to an additional payment if the payment the Senior Executive is entitled to
receive in connection with any Change of Control Event is subject to a parachute
excise tax. The amount of the additional payment will be the amount necessary to
place the Senior Executive in the same after-tax financial position that the
Senior Executive would have occupied if no excise tax was imposed. Each Senior
Executive Agreement terminates on the earliest to occur of (i) twenty-four
months after a Change of Control Event, (ii) upon the Senior Executive&#146;s
termination of employment if the Senior Executive&#146;s employment is
terminated following a Change in Control Event for Cause or as a result of the
death or Permanent Disability of the Senior Executive, or (iii) April 1, 2006 if
no Change in Control Event has occurred prior to March 31, 2006. </font></td>
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<td>&nbsp;</td>
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<td><font face="Times New Roman, Times, serif" size="3"> The Senior Executive
Agreements are attached as exhibits hereto and are incorporated herein by
reference. This summary is qualified in its entirety by reference to the
exhibits attached hereto.</font></td>
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<td>&nbsp;</td>
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<td><font face="Times New Roman, Times, serif" size="3"><b>Item 9.01. Financial
    Statements and Exhibits.</b></font></td>
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<td>&nbsp;</td>
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<td><font face="Times New Roman, Times, serif" size="3">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exhibits.</font></td>
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<td>&nbsp;</td>
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<td width=10% valign=top align=center>10.1</td>
<td width=90% valign=top align=left>Severance Agreement, dated as of November
12, 2004, between KinderCare and Dan R. Jackson.</td>
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<td>&nbsp;</td>
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<td width=10% valign=top align=center>10.2</td>
<td width=90% valign=top align=left>Severance Agreement, dated as of November
12, 2004, between KinderCare and Bruce A. Walters.</td>
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<td>&nbsp;</td>
</tr>
<tr>
<td width=10% valign=top align=center>10.3</td>

<td width=90% valign=top align=left>Severance Agreement, dated as of November
12, 2004, between KinderCare and S. Wray Hutchinson.</td>
</tr>
<tr>
<td>&nbsp;</td>
</tr>
<tr>
<td width=10% valign=top align=center>10.4</td>

<td width=90% valign=top align=left>Severance Agreement, dated as of November
12, 2004, between KinderCare and Edward L. Brewington.</td>
</tr>
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<td>&nbsp;</td>
</tr>
<tr>
<td width=10% valign=top align=center>10.5</td>

<td width=90% valign=top align=left>Severance Agreement, dated as of November
12, 2004, between KinderCare and Eva M. Kripalani.</td>
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<td>&nbsp;</td>
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<td>&nbsp;</td>
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<hr noshade size="3"></td>
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<td>&nbsp;</td>
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  <td align=center><font face="Times New Roman, Times, serif" size="3"><b>SIGNATURE</b></font></td>
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<td>&nbsp;</td>
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  <td><font face="Times New Roman, Times, serif" size="3">Pursuant to the requirements
    of the Securities Exchange Act of 1934, the registrant has duly caused this
    report to be signed on its behalf by the undersigned hereunto duly authorized.</font></td>
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<td>&nbsp;</td>
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<td><font face="Times New Roman, Times, serif" size="3">Date: November 16, 2004</font></td>
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      <td width="50%">&nbsp;</td>
      <td width="50%">
        <div align="center">
          <p><font face="Times New Roman, Times, serif" size="4"><b>KinderCare
            Learning Centers, Inc.<br>
            <br>
            </b></font></p>
        </div>
      </td>
    </tr>
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      <td width="50%">&nbsp;</td>
      <td width="50%">
        <div align="center"><font face="Times New Roman, Times, serif" size="3"><b>/s/
          DAN JACKSON</b></font></div>
        <hr noshade>
        <div align="left"><font face="Times New Roman, Times, serif" size="3">
          Name: Dan Jackson<br>
Title: Executive Vice President and Chief Financial Officer</font></div>
      </td>
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  </table>

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<td>&nbsp;</td>
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<hr noshade size="3"></td>
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<td>&nbsp;</td>
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<td align=center colspan=2><b>EXHIBIT INDEX</b></td>
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<td>&nbsp;</td>
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<tr>
<td width=10% valign=top align=center><u>Number</u></td>
<td width=90% valign=top align=left><u>Description</u></td>
</tr>
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<td>&nbsp;</td>
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<td width=10% valign=top align=center>10.1</td>
<td width=90% valign=top align=left>Severance Agreement, dated as of November
12, 2004, between KinderCare and Dan R. Jackson.</td>
</tr>
<tr>
<td>&nbsp;</td>
</tr>
<tr>
<td width=10% valign=top align=center>10.2</td>
<td width=90% valign=top align=left>Severance Agreement, dated as of November
12, 2004, between KinderCare and Bruce A. Walters.</td>
</tr>
<tr>
<td>&nbsp;</td>
</tr>
<tr>
<td width=10% valign=top align=center>10.3</td>

<td width=90% valign=top align=left>Severance Agreement, dated as of November
12, 2004, between KinderCare and S. Wray Hutchinson.</td>
</tr>
<tr>
<td>&nbsp;</td>
</tr>
<tr>
<td width=10% valign=top align=center>10.4</td>

<td width=90% valign=top align=left>Severance Agreement, dated as of November
12, 2004, between KinderCare and Edward L. Brewington.</td>
</tr>
<tr>
<td>&nbsp;</td>
</tr>
<tr>
<td width=10% valign=top align=center>10.5</td>

<td width=90% valign=top align=left>Severance Agreement, dated as of November
12, 2004, between KinderCare and Eva M. Kripalani.</td>
</tr>
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<td>&nbsp;</td>
</tr>
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Form 8-K
UNITED
    STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Form
    8-K
CURRENT
    REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date
        of Report (Date of earliest event reported):
November 12, 2004
KinderCare Learning Centers, Inc.
(Exact name of registrant
        as specified in its charter)
Delaware
(State or other jurisdiction
of incorporation)
333-42137
(Commission
File Number)
63-0941966
(IRS Employer
Identification No.)
650
        NE Holladay Street, Suite 1400
Portland, OR 97232
(Address of principal
        executive offices, zip code)
Registrant's
          telephone number, including area code
:
(503) 872-1300
Not applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneous
satisfy the filing obligation of the registrant under any of the following provisions:
[  ]
Written communications pursuant to Rule 425
under the Securities Act (17 CFR 230.425)
[    ]
Soliciting material pursuant to Rule 14a-12
under the Exchange Act (17 CFR 240.14a-12)
[    ]
Pre-commencement communications pursuant to
Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[    ]
Pre-commencement communications pursuant to
Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item
1.01  Entry into a Material Definitive Agreement.
On November 12, 2004,
KinderCare Learning Centers, Inc. ("KinderCare") entered into
severance agreements (the "Senior Executive Agreements") with each of
the following executive officers of KinderCare: Dan R. Jackson, Executive Vice
President, Chief Financial Officer, Bruce A. Walters, Senior Vice President,
Chief Development Officer, S. Wray Hutchinson, Senior Vice President of
Operations, Edward L. Brewington, Senior Vice President of Human Resources and
Education, and Eva M. Kripalani, Senior Vice President, General Counsel and
Secretary (each a "Senior Executive"). Each Senior Executive Agreement
provides for certain severance benefits to the Senior Executive, subject to the
execution of a general release, in the event that the Senior Executive's
employment is terminated for any reason following any Change of Control Event
(as defined in the Senior Executive Agreements), except if the termination is by
KinderCare for Cause (as defined in the Senior Executive Agreements) or as a
result of the death or Permanent Disability (as defined in the Senior Executive
Agreements) of the Senior Executive. These benefits primarily consist of (a) a
payment to the Senior Executive of an amount equal to two-and-a-half times the
sum of the Senior Executive's base salary, targeted annual bonus for the
year of termination and twenty-five percent of the Senior Executive's base
salary as a benefits allowance and (b) all accrued compensation of the Senior
Executive, including the pro rated amount of the Senior Executive's bonus
for the year of termination. In addition, the Senior Executive will be entitled
to an additional payment if the payment the Senior Executive is entitled to
receive in connection with any Change of Control Event is subject to a parachute
excise tax. The amount of the additional payment will be the amount necessary to
place the Senior Executive in the same after-tax financial position that the
Senior Executive would have occupied if no excise tax was imposed. Each Senior
Executive Agreement terminates on the earliest to occur of (i) twenty-four
months after a Change of Control Event, (ii) upon the Senior Executive's
termination of employment if the Senior Executive's employment is
terminated following a Change in Control Event for Cause or as a result of the
death or Permanent Disability of the Senior Executive, or (iii) April 1, 2006 if
no Change in Control Event has occurred prior to March 31, 2006.
The Senior Executive
Agreements are attached as exhibits hereto and are incorporated herein by
reference. This summary is qualified in its entirety by reference to the
exhibits attached hereto.
Item 9.01. Financial
    Statements and Exhibits.
(c)     Exhibits.
10.1
Severance Agreement, dated as of November
12, 2004, between KinderCare and Dan R. Jackson.
10.2
Severance Agreement, dated as of November
12, 2004, between KinderCare and Bruce A. Walters.
10.3
Severance Agreement, dated as of November
12, 2004, between KinderCare and S. Wray Hutchinson.
10.4
Severance Agreement, dated as of November
12, 2004, between KinderCare and Edward L. Brewington.
10.5
Severance Agreement, dated as of November
12, 2004, between KinderCare and Eva M. Kripalani.
SIGNATURE
Pursuant to the requirements
    of the Securities Exchange Act of 1934, the registrant has duly caused this
    report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: November 16, 2004
KinderCare
            Learning Centers, Inc.
/s/
          DAN JACKSON
Name: Dan Jackson
Title: Executive Vice President and Chief Financial Officer
EXHIBIT INDEX
Number
Description
10.1
Severance Agreement, dated as of November
12, 2004, between KinderCare and Dan R. Jackson.
10.2
Severance Agreement, dated as of November
12, 2004, between KinderCare and Bruce A. Walters.
10.3
Severance Agreement, dated as of November
12, 2004, between KinderCare and S. Wray Hutchinson.
10.4
Severance Agreement, dated as of November
12, 2004, between KinderCare and Edward L. Brewington.
10.5
Severance Agreement, dated as of November
12, 2004, between KinderCare and Eva M. Kripalani.