THIS ADMINISTRATIVE ORDER ON CONSENT IS ENTERED INTO VOLUNTARILY BY THE UNITED STATES ENVIRONMENTAL PROTECTION AGENCY, THE STATE OF MICHIGAN, AND THE DOW CHEMICAL COMPANY. THE SETTLEMENT CONCERNS CONDUCTING SITE EVALUATIONS OF CURRENT SITE CONDITIONS AND ASSESSMENT OF RESPONSE ACTIONS, THE PREPARATION AND PERFORMANCE OF ANY REMEDIAL INVESTIGATIONS, FEASIBILITY STUDIES, ENGINEERING EVALUATION AND COST ANALYSIS, AND RESPONSE DESIGN TO RESPOND TO RELEASES OR THREATS OF RELEASES OF HAZARDOUS SUBSTANCES, POLLUTANTS, OR CONTAMINANTS AT THE DOW CHEMICAL COMPANY MIDLAND PROPERTY, OR THE TITTABAWASSEE RIVER/SAGINAW RIVER & BAY SITE.