WITHIN 30 DAYS OF THE EFFECTIVE DATE OF THIS AGREEMENT, THE SETTLING PARTIES SHALL PAY THE FOLLOWING AMOUNTS TO THE EPA HAZARDOUS SUBSTANCE SUPERFUND IN REIMBURSEMENT OF PAST RESPONSE COSTS:
(1) INTERNATIONAL PAPER(F/K/A CHASE BAG) $20,500
(2) THE DIAL CORPORATION $35,000
(3) EARL SCHEIB OF OHIO, INC. $ 6,000
(4) EASTMAN KODAK COMPANY $15,000
(5) HANSON BUILDING MATERIALS AMERICA, INC. $30,000
(6) REICHERT STAMPING COMPANY $ 1,427
(7) THE SHERWIN-WILLIAMS COMPANY $ 1,500
(8) SUNOCO, INC. (R&M), INC. $75,000
IN THE EVENT THAT ANY PAYMENT IS NOT MADE WHEN DUE, INTEREST SHALL CONTINUE TO ACCRUE ON THE UNPAID BALANCE THROUGH THE DATE OF PAYMENT. IF ANY OF THE SETTLING PARTIES FAILS TO MAKE PAYMENT OF THE AMOUNT DUE TO EPA BY THE REQUIRED DATE, EACH SUCH SETTLING PARTY SHALL PAY TO EPA A STIPULATED PENALTY IN AN AMOUNT EQUAL TO THE SMALLER OF THE FOLLOWING: ONE HUNDRED DOLLARS PER DAY THAT SUCH PAYMENT IS LATE, OR 0.25 PERCENT OF THE AMOUNT OWED BY SUCH SETTLING PARTY PER DAY THAT SUCH PAYMENT IS LATE.