WITHIN 30 DAYS OF THE EFFECTIVE DATE OF THIS AGREEMENT, SETTLING PARTY, HELEN SCHIFFERLI, SHALL PAY TO THE EPA HAZARDOUS SUBSTANCE SUPERFUND $2.000.00 IF SETTLING PARTY FAILS TO MAKE ANY PAYMENT BY THE REQUIRED DUE DATE, INTEREST SHALL CONTINUE TO ACCRUE ON THE UNPAID BALANCE THROUGH THE DATE OF PAYMENT. IF ANY AMOUNTS DUE ARE NOT PAID BY THE REQUIRED DATE, SETTLING PARTY SHALL BE IN VIOLATION OF THIS AGREEMENT AND SHALL PAY, AS A STIPULATED PENALTY, IN ADDITION TO THE INTEREST, $100.00 PER DAY THAT SUCH PAYMENT IS LATE.