View Code option not available under Exception Rule

Are you using BlackPoint or the stand-alone editor?   (not within Visual Studios?)

I believe its just the stand-alone editor.  K2 Studio.

K2 Studio does not offer code integrations, you have to use the K2 for Visual Studio to get the View Code features.

Ok, so are the Exception emails auto generated with K2 Studio?  Is there a way I can configure them to specify recipients, etc?

Here a few options available

I've mostly used this option however, it needs to be added to every process (not really a big deal unless you aren't doing the process design and can get to the code level with Visual Studio) but there is a bug in K2 where some types of errors are not caught with raised exceptions like missing destination users for example. 

http://www.k2underground.com/blogs/pitchblack/archive/2009/11/24/generic-send-mail-k2-exception-handler-send-mail-on-process-error-exception.aspx

I've tried this service and modified the code a bit but personally I've had some problems with it.  With that said I've seen some very positive postings about it.

http://www.k2underground.com/groups/k2_process_error_notification_service_k2_pens/default.aspx

Your post just prompted me to test this out as its a new technique.  This looks promising and is relatively easy to setup and evaluate.  If I were you I'd probably start with this.

http://www.k2underground.com/blogs/johnny/archive/2013/12/03/using-powershell-and-task-scheduler-to-notify-for-k2-errors.aspx

Thanks to everyone for your suggestions.  I ended up getting a copy of Visual Studio 2010 installed.  I'm able to access the K2proj file from K2studio in Visual Studio and make the Exception Code entries there.