THIS ADMINISTRATIVE SETTLEMENT AGREEMENT AND ORDER ON IS ENTERED INTO VOLUNTARILY BY THE UNITED STATES ENVIRONMENTAL PROTECTION AGENCY AND THE DOW CHEMICAL COMPANY. THIS SETTLEMENT AGREEMENT PROVIDES FOR DOW'S IMPLEMENTATION OF A NON-TIME CRITICAL REMOVAL ACTION SELECTED BYU.S. EPA, AND THE REIMBURSEMENT OF CERTAIN RESPONSE COSTS INCURRED BY THE UNITED STATES AT OR IN CONNECTION WITH ADDRESSING THE SEDIMENT CONTAMINATED WITH CHLOROBENZENES, CHLOROPHENOLS, POLYNUCLEAR AROMATIC HYDROCARBONS ( PAHS ), ETHYL PARATHION, ORTHO-PHENYLPHENOL, ARSENIC AND/OR DENSE NON-AQUEOUS PHASE LIQUIDS ( DNAPL ) WITHIN SEGMENT 1 OF THE TITTABAWASSEE RIVER, SAGINAW RIVER & BAY SITE, MICHIGAN, AS DEFINED IN THE ADMINISTRATIVE ORDER ON CONSENT ( 2010 AOC ) ENTERED IN THE MATTER OF: THE DOW CHEMICAL COMPANV. CERCLA DOCKET NO. V-W-1O-C-942, WITH AN EFFECTIVE DATE OF JANUARY 21, 2010.