THIS ADMINISTRATIVE SETTLEMENT AGREEMENT AND ORDER ON CONSENT IS ENTERED INTO VOLUNTARILY BY THE UNITED STATES ENVIRONMENTAL PROTECTION AGENCY AND THE DOW CHEMICAL COMPANY. THIS SETTLEMENT AGREEMENT PROVIDES FOR THE PERFORMANCE OF REMOVAL ACTIONS BY RESPONDENT AND THE REIMBURSEMENT OF CERTAIN RESPONSE COSTS INCURRED BY THE UNITED STATES AT OR IN CONNECTION WITH THE AREA KNOWN AS REACH J-K, WHICH IS LOCATED WITHIN THE DOW CHEMICAL COMPANY PROPERTY BOUNDED TO THE NORTHEAST BY A WETLAND WITH SAGINAW ROAD TO THE NORTHEAST BEYOND THE WETLAND, THE CALDWELL BOAT LAUNCH TO THE SOUTH, AND TO THE WEST BY THE EAST CHANNEL BANK OF THE TITTABAWASSEE RIVER, IN MIDLAND COUNTY, MICHIGAN.