THIS PENALTY SETTLEMEN INVOLVES FAILURE TO SUBMIT A RISK MANAGEMENT PLAN AND IMPLEMENT THE RISK MANAGEMENT PROGRAM REQUIRED BY SECTION 112(R)(7) OF THE CLEAN AIR ACT AND 40 CFR PART 68. IT ALSO INVOLVES FAILURE TO MEET REQUIREMENTS OF SPILL PREVENTION CONTROL AND COUNTERMEASURES (SPCC) PROGRAM OF SECTION 311 OF THE CLEAN WATER ACT AND 40 CFR PART 112. THE REPONDENT HAS DOCUMENTED COMPLIANCE, AND HAS AGREED TO PAY A PENALTY OF $60,950 IN TWO INSTALLMENTS, PLUS APPLICABLE INTEREST.