JULY 17, 2024 - CASHOUT SETTLEMENT AGREEMENT
This Settlement Agreement is entered into pursuant to the authority vested in the Administrator of the U.S. Environmental Protection Agency (EPA) by Section 122(h)(1) of the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA), as
amended, 42 U.S.C. ? 9622(h)(1), which authority has been delegated to the Regional Administrators of the EPA by EPA Delegation No. 14-14-D (Cost Recovery Non-Judicial Agreements and Administrative Consent Orders) through the Director, Superfund Division (now known as the Superfund and Emergency Management Division), through the Deputy Director, Superfund Division, to the Chief, Superfund Enforcement and Information Management Branch (known in Region 4 as the Enforcement Branch). This Settlement Agreement is also entered into pursuant to the authority of the Attorney General of the United States to compromise and settle
claims of the United States, which authority, in the circumstances of this settlement, has been delegated to the Assistant Attorney General for the Environment and Natural Resources Division of the Department of Justice.
This Settlement Agreement is made and entered into by EPA and LPC Holdings, Inc. (?Settling Party?). Settling Party consents to and will not contest the authority of the United States to enter into this Settlement Agreement or to implement or enforce its terms.
By entering into this Settlement Agreement, the mutual objective of the Part