J 7 7 1 S
I N TH E UNITE D STATE S DISTRICT COURT F O R TH E DISTRIC T OF UTA H CENTRA L DIVISIO N UNITED STATES OF AMERICA
, ) Plaintiff
, ) 

### 2553 7

v . SHARON STEEL CORPORATION

, U V INDUSTRIES

, INC.
, U V INDUSTRIES

, INC

. LIQUIDATIN G TRUST
, an d ATLANTI

C RICHFIEL D CO.
, Defendants

. SHARO N STEE L CORPORATION

, a Pennsylvani a corporation , Third-Part y Plaintiff
,
v . T H E STAT E O F UTAH ; NEWPAR K RESOURCES
, INC.
, a corporation ; PAR K CIT Y CONSOLIDATE D

MINES
, a corporation ;

CHIEF CONSOLIDATE D MININ G COMPANY
, a corporation , et al

. Third-Part

y Defendants

. 

### ADMINISTRATIV E RECOR D Civi l Actio n No

. 86-C-924 J

UNITE D STATE S O F AMERICA
, Plaintiff
,
v . SHARO N STEE L CORPORATION

, U V INDUSTRIES

, INC.
, U V INDUSTRIES

, INC

. LIQUIDATIN G TRUST
, VALLEY MATERIAL S CORPORATION
, LITTLESON

, INC.
, CENTUR Y TERMINALS
, INC.
, BLACKHAW K SLA G PRODUCTS
, INC.
, Defendants

. Civi l

Actio n No

. 89-C-13 6



# ^PARTIA L CONSEN T DECREE

9 Thi s Partia l Consen t Decre e ("Decree" ) is mad e an d entere d int o b y an d amon g th e Plaintiff
, Unite d State s o f Americ a (hereinafte r "Unite d States " o r "Plaintiff")
,

o n behal f

o f th e Unite d State s Environmenta l

Protectio n Agenc y ("EPA")
, t h e Defendan t Sharo n Stee l Corporation
,

b y an d throug h it s Truste e (a s hereinafte r defined ) an d th e Stat e o f Uta h (a s hereinafte r defined)
, pursuan t t o th e applicabl e provision s o f t h e Comprehensiv e

Environmenta l

Response
, Compensatio n

an d Liabilit y Ac t o f 1980 , 4 2 U.S.C

. § 910 1 e t seq. , as amende d b y t h e Superfun d Amendment s an d Reauthorizatio n

Ac t o f 1986, Pub

. L

. No

. 99-499 , 10 0 Stat

. 161 3 (1986 ) ("CERCLA")

. WHEREAS
, th e Unite d States
, o n behal f o f th e Administrato r o f EPA
, file d complaint s i n th e above captione d action s pursuan t t o Section s 104 , 10 6 and 10 7 o f CERCLA
, 4 2 U.S.C

. § § 9604 , 960 6 an d 9607 , fo r injunctiv e relie f t o addres s imminen t an d substantia l endangerment

s t o publi c health , publi c welfar e an d th e environment a t tw o facilitie s locate d in Midvale
, Utah
, an d fo r reimbursemen t

o f cost s incurre d b y th e Unite d State s i n respons e t o th e releas e o r threatene d releas e
o f hazardou s substance s fro m thes e facilities
, whic h have bee n
named b y EP A a s th e "Sharo n Steel/Midval e

Tailing s Site " ("Tailing s Site" ) an d th e Midvale Sla g Sit e ("Sla g Site" ) (collectively
, th e "Sites") ;

-2

-WHEREAS

, Sharo n Stee l Corporatio n file d a counterclai m agains t th e Unite d State s an d a thir d part y complain t agains t t h e Stat e o f Uta h i n Civi l Actio n No

. 86-C-924J ; WHEREAS
, th e Tailing s Sit e an d th e Sla g Sit e bot h have bee n nominate d fo r inclusion , pursuan t t o Sectio n 10 5 o f CERCLA
, 4 2 U.S.C

. § 9605 , o n th e Nationa l Prioritie s Lis t ("NPL") ; WHEREAS
, Sharo n Stee l Corporatio n ha s bee n sinc e Novembe r 5 , 198 1 th e owner o f th e Tailing s Sit e an d a portio n o f t h e Sla g Sit e o f approximatel

y eleve n acres , eac h o f which is a "facility, " a s define d i n Section s 101(9 ) an d 101(20 ) o f CERCLA
, 4 2 U.S.C

. §§ 9601(9 ) an d 9601(20)
, a t o r fro m whic h hazardou s substances , a s define d i n Sectio n 101(14) o f CERCLA
, 4 2 U.S.C

. § 9601(14)
, allegedl y have bee n released ; WHEREAS
, Sharo n Stee l Corporatio n

i s a person , a s define d i n Sectio n 101(21) o f CERCLA
, 4 2 U.S.C

. § 9601(21)
, an d is subjec t t o liabilit y unde r Sectio n 107(a) o f CERCLA
, 4 2 U.S.C

. § 9607(a) ; WHEREAS
, th e Unite d State s allege s tha t hazardou s substance s fro m th e Site s have been , ar e currentl y bein g an d have th e continue d potentia l t o be released , as define d in Sectio n 101(22) o f CERCLA
, 4 2 U.S.C

. § 9601(22)
, int o th e environmen t through , inte r alia , groun d wate r flow
, surfac e wate r flow
, direc t depositio n int o soil s an d win d dispersio n int o th e air ; WHEREAS
, EP A ha s responde d an d wil l continu e t o respon d t o th e releas e an d threatene d release s o f hazardou s substance s

-3

-a t th e Site s an d thereb y has incurre d an d wil l continu e t o incu r respons e cost s withi n th e meanin g o f Section s 101(25 ) an d 107(a)

o f CERCLA
, 4 2 U.S.C

. § § 9601(25) an d 9607(a) ; WHEREAS
, th e Unite d State s allege s tha t Sharo n Stee l Corporatio n i s a responsibl e part y pursuan t t o Sectio n 107(a) o f CERCLA
, 4 2 U.S.C

. § 9607(3)
, an d thereb y liabl e unde r Section s 1 0 6 an d 10 7 o f CERCLA
, 4 2 U.S.C

. § § 960 6 an d 9607 , fo r release s

o f hazardou s substance s a t o r fro m th e Site s int o th e surfac e 

### water , groun d water , lan d surface / subsurfac e strata an d th e ambien t ai r i n th e vicinit y o f th e Sites ; WHEREAS
, Sharo n Stee l Corporatio n agree s t o undertak e a l l activitie s an d complete al l action s require d b y thi s Decree ; WHEREAS
, Sharo n Stee l Corporatio n filed
, o n Apri l 17 , 1987 , a voluntar y petitio n fo r relie f unde r Chapte r 1 1 o f th e Federa l Bankruptc y Cod e i n th e Unite d State s Bankruptc y Cour t f o r th e Wester n Distric t o f Pennsylvania
,

Eri e Division
, whic h h a s bee n assigne d Cas e No

. 87-00207 E ("Bankruptc y

Proceeding") ; WHEREAS
, Sharo n Stee l Corporatio n desire s to settl e th e claim s mad e agains t i t b y th e Unite d States ; WHEREAS
, i n consideratio n

of
, an d i n exchang e for
, th e promise s an d covenant s herein , an d intending t o be legall y bound hereby , Sharo n Stee l Corporation
,

th e Unite d State s an d th e State
, b y thei r authorize d representatives ,

have agree d t o entr y


### o f this Decree ; WHEREAS
, settlemen t o f thes e matter s governe d by thi s Decre e i s in th e publi c interes t an d a n appropriat e mean s o f resolvin g thes e matters ;THEREFORE
, withou t adjudicatio n

o f any issu e o f la w o r fac t an d upo n th e consen t o f th e partie s hereto , it is hereb y ORDERED
, ADJUDGE D AN D DECREED
, a s follows : I

. DEFINITIONS I n thi s Decree
, th e followin g term s shal l hav e th e 

### followin g meanings : A

. "Actions " mean s Civi l Actio n Nos

. 86-C-924J an d 89-C-136
, presentl y pending i n thi s Court

. B

. "Bankruptc y

Code " mean s Titl e 1 1 o f th e Unite d State s Cod e a s no w in effec t o r hereafte r amended

. C

. "Bankruptc y

Court " mean s th e Unite d State s
. Bankruptc y Cour t fo r th e Wester n Distric t o f Pennsylvania
,

Eri e Division
, o r an y othe r cour t havin g jurisdictio n

over th e Bankruptcy Proceeding

. D

. "Cash " means Unite d State s dollar s i n immediatel y availabl e funds

. E

. "Court " mean s th e Unite d State s Distric t Cour t fo r t h e Distric t o f Utah
, Centra l Division

. F

. "Futur e Liability " mean s liabilit y arisin g fro m t h e Tailing s Sit e o r th e Sla g Sit e afte r th e Unite d State s ha s certifie d tha t al l Remedia l Action(s ) have bee n complete d a t tha t Site

. G

. "Tailing s Site " mean s th e forme r mil l sit e (includin g tailing s an d mil l buildings)
, an d soil s an d groun d

-5

-

### wate r beneat h an d down gradien t o f th e mil l sit e as wel l as th e impacte d are a adjacen t t o an d i n th e vicinit y o f th e mill site. l 

### H

. "Sla g Site " mean s th e forme r smelting an d refiner y sit e (includin g smelting an d refining wast e piles / building s an d othe r structures ) including th e Silve r Refiner y Area
, an d soil s
a n d groun d wate r beneat h an d down gradien t o f th e smelting an d refiner y sit e as wel l as th e impacte d area s adjacen t t o an d in t h e vicinit y o f th e smeltin g an d refiner y site. 2 

### I

. "Non-Settlin g

Defendants " mean s UV Industries
, Inc

. ("UV")
, UV Industries
, Inc

. Liquidatin g Trus t ("U V Trust")
, Atlanti c Richfiel d Co.
, Valle y Materials Corporation
, Littleson
, Inc.
, Centur y Terminals
, Inc

. an d Blackhaw k Sla g Products
, Inc

. J

. "Non-Settlin g

Thir d Part y Defendants " mean s 

### Newpar k Resources
, Inc.
, Par k Cit y Consolidate d Mine s an d Chie f Consolidate d Mining Company

. K

. "Person " mean s a n individual, firm
, corporation , association , partnership , consortium , join t venture , commercia l entity , Unite d States
, th e State
, municipality ,

commission , politica l subdivisio n o f a stat e o r an y interstat e body

. 'Th e vertica l an d latera l exten t o f th e Tailing s Sit e a n d th e impacte d are a o f th e Tailing s Sit e wil l b e determine d i n o n e o r more Record s o f Decisio n fo r th e Tailing s Site
, t o b e issue d in th e future

. 2 

### T h e vertica l an d latera l exten t o f th e Sla g Sit e an d t h e impacte d area o f th e Sla g Sit e wil l b e determine d in on e o r mor e Record s o f Decisio n o r Actio n Memorand a fo r th e Sla g Site
, t o b e issue d i n the future

.
-6

-L

.

"Proo f o f Claim"
, dependin g o n th e context , means eithe r th e proo f o f clai m (Clai m No

. 1197 ) file d b y th e Unite d State s o n behal f o f EP A i n th e Bankruptc y Proceeding covering , infe r alia , allege d pre-petitio n

an d post-petitio n

Respons e Cost s a t th e Tailing s Sit e an d th e Sla g Site
, o r th e proo f o f clai m (Clai m No

. 1306)
, a s amended , file d b y th e State

. M

. "Quantu m Fun d Pla n o f Reorganization "

mean s th e Pla n o f Reorganizatio n

file d by Quantu m Fund
, N.V

. an d th e Castle Harla n Grou p o n o r abou t Marc h 16 , 1990 , o r a s thereafte r amended

. N

. "Remedia l Action " shal l have th e meanin g se t fort h i n Section-101(24 )

o f CERCLA
, 4 2 U.S.C

. § 9601(24 ) o n Octobe r 17 , 1986

. O

. "Response "

shal l have th e meanin g se t fort h in Section s 101(23) an d (25) o f CERCLA
, 4 2 U.S.C

. § § 9601(23 ) an d (25 ) o n Octobe r 17 , 1986

. P

. "Respons e Costs " mean s any cost s which th e Unite d State s ha s sough t o r coul d see k in th e Actions

. Q

. "Sharon " means : 1

. Sharo n Stee l Corporation
,

a Pennsylvani a corporation , as debto r an d as debto r in possession , an d i t s presen t an d forme r Trustees
, officers
, directors , employees , agent s an d any truste e appointe d o r electe d unde r an y Chapte r 7 proceeding ; / 2

. An y Perso n succeeding , pursuan t t o a confirme d pla n o f reorganization ,

t o any o r al l o f

-7

-Sharo n

Stee l Corporation' s

obligation s

unde r thi s Decre e relatin g t o th e Sites
, excludin g th e othe r named defendants i n th e Actions ; 3

. An y Perso n whic h come s t o own or operat e an y
o r al l o f th e Tailing s Sit e o r th e Silve r Refiner y Area
, excluding th e othe r named defendants i n th e Actions ; an d 4

. An y affiliat e o f Sharo n Stee l Corporation
,

a s 

### suc h term i s define d in th e Bankruptc y Code

. R

. "Sharo n Stee l Corporation "

mean s Sharo n Stee l Corporatio n as debtor , debtor-in-possessio n

o r in a reorganize d for m a s a resul t o f th e Bankruptc y Proceeding

. S

. "State " means th e Stat e o f Uta h an d it s agencies

. I I

. HISTOR Y O F TH E SITE S AN D TH E BANKRUPTCY

PROCEEDIN

G A

. Th e Tailing s Sit e T h e Tailing s Site i s locate d approximatel

y twelv e mile s southwes t o f Sal t Lak e City
, Utah

. I t cover s approximatel

y 26 0

acre s an d contain s a n estimate d fourtee n millio n ton s o f tailing s generate d fro m millin g operation s an d processin g conducte d o n th e Tailing s Sit e betwee n 190 0 an d 1971

. Th e tailing s fro m th e operation s remai n i n th e for m o f piles , pond s

a n d impoundments ,

which measur e u p t o forty o r fift y fee t i n heigh t an d allegedl y contai n elevate d level s o f suc h hazardou s substance s as arsenic , cadmium , chromium , lea d an d zinc

.
-8

-Pursuan t

t o a n agreemen t date d Novembe r 26 , 1979 , Sharo n Stee l Corporatio n agree d t o purchas e fro m U V al l o f it s assets , including th e approximatel

y 26 0 acre s o f propert y whic h

a r e par t o f th e Tailing s Site

. A metes an d bound s descriptio n
o f this propert y is attache d heret o a s Exhibi t "A. " Sharo n Stee l Corporatio n obtaine d title t o th e Tailing s Sit e pursuan t t o a dee d date d Novembe r 5, 1981

. Althoug h Sharo n Stee l Corporatio n continue s t o ow n th e Tailing s Site
, i t contend s tha t i t has never conducte d an y millin g operation s thereon

. O n Octobe r 10 , 1984 , EP A propose d tha t th e Tailing s Sit e b e place d o n th e NP L a s a resul t o f EPA' s findin g tha t hazardou s substance s were bein g release d o r tha t ther e was a threa t o f a releas e o f hazardou s substance s int o th e environmen t fro m th e Tailing s Site

. O n Augus t 25 , 1985 , EPA
, pursuan t t o Sectio n 10 4 o f CERCLA
, 4 2 U.S.C

. § 9604 , notifie d Sharo n Stee l Corporatio n tha t i t ha d determine d tha t Sharo n Stee l Corporatio n wa s potentiall y responsibl e fo r cleanin g u p th e Tailing s Site

. O n Octobe r 10 , 1986 , th e Unite d State s file d a complain t wit h respec t t o th e Tailing s Sit e wit h th e Cour t agains t Sharo n Stee l Corporatio n an d othe r potentiall y responsibl e parties, 3 i n whic h th e Unite d State s ha s contende d

3 Unite d State s v . Sharo n Stee l Corporation
,

e t al. , C.A

. No

. 86-C-924J (D

. Utah)

.

-9

-tha t Sharo n Stee l Corporatio n is a n owne r an d operato r o f th e Tailing s Site
, a s thos e terms ar e define d i n CERCLA

. Amende d complaint s subsequentl

y have bee n filed

. Answer s t o th e Unite d States complain t

an d amende d complaints , as wel l as counterclaim s

an d cross claims , have bee n file d b y certai n defendants
, including Sharo n Stee l Corporation

. A Thir d Part y Complain t ha s bee n file d by Sharo n Stee l Corporatio n i n whic h th e Stat e has bee n named as on e o f th e 

### Thir d Part y Defendants

. Th e initia l phase s o f th e tria l o f thi s matte r are now schedule d t o begin on Octobe r 8, 1990

. B

. Th e Sla g Sit e T h e Sla g Sit e i s locate d t o th e nort h o f th e Tailing s Sit e an d is comprise d o f approximatel

y 31 9 acre s formerl y owned by UV

. Th e are a wa s use d fo r smelting operation s an d fo r th e disposa l o f slag an d othe r wast e product s o f or e smelting operations

. Th e Unite d State s Smelting
, Refining
, an d Minin g Company ("USSRM"

) originall y purchase d th e Sla g Sit e i n 1906

. USSR M an d it s successor , UV
, operate d a meta l smelte r which , unti l 1958 , refine d ton s o f copper , gold, lea d an d silver

. Waste s fro m this smelte r wer e dispose d o f o n th e Sla g Site

. Pursuan t t o a n agreemen t date d Novembe r 26 , 1979 , Sharo n Stee l Corporatio n agree d t o purchas e fro m U V al l o f it s assets , includin g approximatel

y eleve n acre s o f propert y withi n t h e southeas t corne r o f th e Sla g Site
, o n which were locate d variou s structure s ("Silve r Refiner y Area")

. Sharo n Stee l

-10

-Corporatio n

obtaine d titl e t o th e Silve r Refiner y Are a pursuan t t o a dee d date d Novembe r 5 , 1981

. A metes and bound s descriptio n o f th e Silve r Refiner y Are a i s attache d a s Exhibi t "B. " Sharo n Stee l Corporatio n contend s tha t it ha s never operate d th e silve r refiner y o r conducte d any othe r operation s

o n th e Silve r Refiner y Are a an d tha t it wa s no t responsibl e fo r depositin g th e smelting an d refinin g waste s anywher e o n th e Sites

. O n Februar y 10 , 1989 , th e Unite d State s file d a complain t wit h respec t t o th e Sla g Sit e wit h th e Cour t agains t Sharo n Stee l Corporatio n and

. othe r potentiall y responsibl e parties, 4 i n whic h th e Unite d State s contende d tha t Sharo n Stee l Corporatio n was an d i s presentl y a n owner an d operator , as thos e terms ar e define d i n CERCLA
, o f th e Silve r Refiner y Area

. By agreemen t wit h th e Unite d States
, n o respons e t o th e Unite d States complain t

ha s bee n file d by Sharo n Stee l Corporation

. C

. Th e Bankruptc y Proceedin g A s state d above , Sharo n Stee l Corporatio n ha s sough t protectio n fro m it s creditor s unde r Chapte r 1 1 o f th e Bankruptc y Code

. O n Januar y 11, 1988 , the Bankruptc y Cour t entere d an orde r directing th e appointmen t o f a truste e fo r Sharo n Stee l Corporatio n ("Trustee")

.

O n Januar y 15 , 1988 , th e Bankruptc y

4 Unite d State s v . Sharo n Stee l Corporation
,

e t al. , C.A

. No

. 89-C-13 6 (D

. Utah)

.
-11

-Cour t

approve d th e selectio n b y th e Unite d State s Trustee' s Offic e o f Jame s W

. Tore n a s th e Trustee

. O n Novembe r 7, 1988 , M r

. Tore n announce d hi s intentio n t o resig n a s Trustee

. O n Januar y 26 , 1989 , Frankli n E

. Agne w II I wa s appointe d Trustee
, replacing Mr

. Toren

. O n o r about Septembe r 30 , 1988 , th e Unite d State s filed
, o n behal f o f EPA
, a Proo f o f Clai m i n th e Bankruptc y Proceeding

. Th e Proo f o f Clai m covers , inte r alia , allege d pre-petitio n an d post-petitio n

Respons e Cost s a t th e Tailing s Sit e an d th e Sla g Sit e (Credito r No

. 23538 , Clai m No

. 1197)

. T h e Unite d State s assert s i n th e Proo f o f Clai m tha t th e pre-petitio n Respons e Cost s ar e genera l unsecure d claim s an d tha t th e post-petitio n

Respons e Cost s ar e administrativ e priorit y claims

. Sharo n Stee l Corporatio n

dispute s th e Unite d States contentio n tha t any o f th e Respons e Cost s ar e post-petitio n claim s or , i f they are , tha t they constitute administrativ e priorit y claims

. Sharo n Stee l Corporatio n contend s tha t th e Unite d State s ha s unliquidated

, contingen t claim s wit h respec t t o bot h th e Tailing s Sit e an d th e Sla g Site
, an d tha t suc h claim s ar e dischargeabl

e throug h it s Bankruptc y Proceeding

. Prio r t o Apri l 17, 1987 , EP A ha d incurre d Respons e Cost s a t bot h th e Tailing s Sit e an d th e Sla g Site

. Sharo n Stee l Corporatio n an d th e Unite d State s recogniz e tha t substantia l Respons e Cost s wil l o r ma y be incurre d i n the futur e i n connectio n wit h eac h o f th e Sites
, bu t th e ultimate nature ,

-12

-scop e

an d cost thereo f a t eac h o f th e Site s i s presentl y unliquidated , unknown an d noncalculable

. O n o r abou t Septembe r 30 , 1988 , th e Stat e file d a Proo f

o f Clai m (Credito r No

. 15991 , .Clai m No

. 1306 ) i n th e Bankruptc y Proceedin g asserting tha t it wa s entitle d t o a n unliquidate d

amount fo r contributio n an d indemnit y a t th e "Midval e Site " i n Midvale
, Utah

. Th e Stat e characterize d

it s clai m a s bein g a genera l unsecure d claim

. Sharo n Stee l Corporatio n dispute s th e 

### State' s clai m an d contend s tha t th e State' s clai m i s dischargeabl e throug h th e Bankruptcy Proceeding

. Sharo n Stee l Corporation
,

b y an d throug h it Trustee
, i s in th e proces s o f developing a Pla n o f Reorganization
,

bu t ha s asserte d tha t i n orde r t o confir m suc h a pla n an d demonstrat e i t s feasibility
,

Sharo n Stee l Corporatio n

must resolv e th e dispute s wit h th e Unite d State s an d th e Stat e respecting th e Tailing s Sit e an d th e Sla g Site

. Notwithstanding

th e uncertaintie s

an d unknown s briefl y describe d i n th e precedin g paragraphs , th e Unite d States
, th e Stat e an d Sharo n Stee l Corporatio n (including it s Trustee) desir e t o compromis e an d settl e thei r dispute s over Sharo n Stee l Corporation' s potentia l liabilit y fo r an y an d al l costs , liabilitie s an d damage s arising ou t o f o r relating t o th e Site s

a n d thereb y avoid th e risks , delays , cost s an d expense s inheren t i n litigatio n wit h respec t t o determinin g th e extent , validit y
a n d enforceabilit

y o f th e Unite d States an d

th e States claim s

as t o eac h o f th e Sites

.

-13

-

### III

. JURISDICTIO N Thi s Cour t ha s jurisdictio n

ove r th e subjec t matte r herein , an d over th e partie s consentin g hereto , pursuan t t o Section s 104 , 106 , 10 7 an d 11 3 o f CERCLA
, 4 2 U.S.C

. § § 9604 , 9606, 960 7 an d 9613 , an d 2 8 U.S.C

. § § 133 1 an d 1345 , an d the Stipulatio n an d Orde r o f th e Bankruptc y Cour t date d Augus t 19 , 1987 , a copy o f whic h i s annexed heret o a s Exhibi t "C. " I V

. PARTIE S BOUN D Thi s Decree applie s t o an d is bindin g upo n Sharon
, th e Stat e an d th e Unite d State s o n behal f o f EPA

. Sharo n Stee l Corporation
, b y it s Trustee
, an d th e Stat e d o no t contes t an d agre e no t t o contes t th e jurisdictio n

o f th e Unite d State s t o maintai n th e Actions

. V

. PAYMEN T T O TH E UNITE D STATE S I n ful l an d complete satisfactio n

o f al l o f Sharon' s liabilities , dutie s an d responsibilitie s

arisin g ou t o f o r relating t o th e Action s an d th e Site s (excep t a s limite d b y Paragraph s VIII.B

. an d C

. hereof)
, an d i n consideratio n

o f th e Covenan t no t t o Su e se t forth i n Sectio n VIII

. hereof
, th e Unite d State s shal l receive th e followin g consideration :

-14

-A

. I n th e even t tha t a n Orde r i s entere d an d become s fina l (unles s finalit y a s a conditio n is waive d b y th e Castl e Harla n Grou p an d Quantu m Fun d N.V. ) confirmin g th e Quantu m Fun d Pla n o f Reorganizatio n

i n th e Bankruptc y Proceedin g o n o r befor e Novembe r 29 , 1990 , Sharo n Stee l Corporatio n shal l pa y t o th e Unite d States
, o n th e firs t dat e distribution s

ar e authorize d t o be mad e b y th e Bankruptc y Cour t pursuan t t o thi s Decre e an d suc h Plan
, th e su m o f $2 2 millio n i n Cash

. B

. I n the event tha t a n Orde r i s not entere d o r doe s

n o t becom e fina l confirming th e Quantu m Fun d Pla n o f Reorganiza

tio n o n o r befor e Novembe r 29 , 1990 , th e Truste e shal l giv e notic e t o th e Unite d State s o n o r befor e Novembe r 30 , 199 0 as t o whethe r Sharo n Stee l Corporatio n wil l provid e t o th e Unite d State s th e consideratio n

specifie d i n Paragrap h V.B.I
, o r Paragrap h V.B.2

. hereo f a s follows : 1

. (a ) Sharo n Stee l Corporatio n shal l pa y t o t h e Unite d States
, a s a n allowe d administrativ e priorit y clai m pursuan t t o Section s 503(b ) an d 507(a)(l ) o f th e Bankruptc y Code
, th e su m o f $ 3 millio n i n Cas h o n Novembe r 30, 1990 , ( b ) Sharon.Stee l

Corporatio n shal l pa y to t h e Unite d States
, a s a n allowe d administrativ e priorit y clai m pursuan t to Section s 503(b ) an d 507(a)(l )

o f th e Bankruptcy Code
, th e su m o f $9 millio n a s follows: 5

5 T h e payment s specifie d i n Paragrap h V.B.l.(b ) hereo f shal l be evidence d b y a serie s o f notes , substantiall

y i n th e for m annexe d heret o a s Exhibi t "D " ("Notes")

. -15

-( i

) $ 1 millio n o n Decembe r 1 , 1991 ; (ii ) $ 2 millio n o n Decembe r 1 , 1992 ; (iii ) $2 millio n o n Decembe r 1 , 1993 ; (iv ) $ 2 millio n o n Decembe r 1 , 1994 ; an d ( v ) $ 2 millio n o n Decembe r 1 , 1995 ; an d ( c ) th e Unite d State s shal l b e allowe d a genera l unsecure d clai m in th e Bankruptc y Proceedin g in t h e aggregate amount o f $7 0 million

. A t an y time , th e Unite d State s reserve s th e righ t t o th e exten t permitte d b y la w t o transfe r any o r al l o f th e Note s

an d t o transfe r al l o r a portio n o f th e $7 0 millio n genera l unsecure d clai m referre d t o herein

. Th e allowe d clai m o f th e Unite d States
, regardles s o f th e holder , shal l b e treate d a s a genera l unsecure d clai m i n th e Bankruptc y Proceedin g wit h al l attendan t right s provide d b y th e Bankruptc y Cod e an d othe r applicabl e la w an d shal l no t be subordinate d

pursuan t t o an y provisio n o f th e Bankruptc y Cod e o r othe r applicabl e l a w tha t authorize s o r provide s fo r equitabl e subordi

natio n o f allowe d claims , including , withou t limita

tion , Bankruptc y Cod e §§ 105 , 51 0 an d 726<a)(4) ; o r 2

. (a ) Sharo n Stee l Corporatio n shal l pa y t o t h e Unite d States
, a s a n allowe d administrativ e priorit y clai m pursuan t t o Section s 503(b) an d 507(a)(l) o f th e Bankruptc y Code
, th e su m o f $2 2 millio n in Cas h o n o r befor e Februar y 28 , 199 1

-16

-(plu s

interes t thereo n a s calculate d pursuan t t o Paragrap h V.F

. hereo f fro m Novembe r 30 , 1990 ) i f a n Orde r is entere d an d become s fina l (unles s finalit y a s

a conditio n is waive d b y Sharo n Stee l Corporation ) confirming a Pla n o f Reorganizatio n

o n o r befor e Februar y 28 , 1991 ; ( b ) I f th e Truste e give s notic e t o provid e t h e consideratio n

specifie d i n Paragrap h V.B.2

. hereo f

a n d th e $2 2 millio n paymen t specifie d i n Paragrap h V.B.2.(a ) hereo f i s no t mad e t o th e Unite d State s o n o r befor e Februar y 28 , 1991 , the n ( i ) Sharo n Stee l Corporatio n shal l pa y t o th e Unite d States
, a s a n allowe d administrativ e

priorit y clai m pursuan t t o Section s 503(b ) an d 507(a)(l ) o f th e Bankruptc y Code
, t h e su m o f $ 3 millio n (plu s interes t thereo n as calculate d pursuan t to Paragrap h V.F

. hereo f fro m Decembe r 1 , 1990 ) i n Cas h o n
o r befor e Marc h 10 , 1991 ; (ii ) Sharo n Stee l Corporatio n shal l pa y t o th e Unite d States
, as a n allowe d administrativ e priorit y clai m pursuan t t o Section s 503(b ) an d

-17

-507(a)(l) o f th e Bankruptc y Code
, t h e su m o f $9 millio n a s follows: 6 ( v ) $ 1 millio n o n Decembe r 1 , 1991 ; ( w ) $2 millio n o n Decembe r 1 , 1992 ; ( x ) $2 millio n o n Decembe r 1 , 1993 ; ( y ) $ 2 millio n o n Decembe r 1 , 1994 ; ( z ) $2 millio n o n Decembe r 1 , 1995 ;
an d (iii ) th e Unite d State s shal l b e allowe d t h e genera l unsecure d clai m specifie d i n Paragrap h V.B.l.(c ) hereo f pursuan t t o th e term s an d condition s se t forth therein

. < c ) I f th e Truste e give s notic e tha t h e wil l provid e th e consideratio n

specifie d i n Paragrap h V.B.2

. hereof
, h e simultaneousl

y shal l delive r t o th e Cler k o f Bankruptc y Cour t th e Notes
, Mortgag e (a s hereinafte r defined ) an d th e titl e insuranc e polic y specifie d i n Paragrap h V.I.I
, hereo f i n full y execute d form

. I f th e $ 2 2 millio n specifie d i n Paragrap h V.B.2.(a ) hereo f ha s

n o t bee n paid, th e Notes
, Mortgag e an d th e titl e insuranc e polic y specifie d i n Paragrap h V.I.I
, hereo f shal l b e delivere d t o th e Unite d State s o n o r afte r

6 T h e payment s specifie d i n Paragrap h V.B.2.(b)(ii ) hereo f shal l b e evidence d b y th e Notes

.
-18

-Marc h

1 , 199 1 upo n deman d therefo r b y th e Unite d State s wit h notic e t o Sharo n Stee l Corporation

. C

. I n th e even t th e Truste e fail s t o giv e th e notic e t o th e Unite d State s specifie d i n Paragrap h V.B

. above , o n o r befor e Decembe r 10 , 1990 , th e Unite d State s may giv e notic e t o t h e Truste e o n o r befor e Decembe r 20 , 1990 , which notic e shal l requir e Sharo n Stee l Corporatio n t o provid e th e consideratio n specifie d i n Paragrap h V.B.I
, hereof

. 

### D

. I n th e even t tha t Sharo n Stee l Corporatio n fail s t o timel y mak e an y paymen t require d t o b e mad e pursuan t t o Paragrap h V.A

. o r V.B

. hereof
, the n th e Unite d State s may giv e notic e o f suc h failur e t o Sharo n Stee l Corporation
,

an d Sharo n Stee l Corporatio n shal l have sixt y (60 ) day s fro m receip t o f

suc h notic e t o make th e payment

. I n th e even t tha t Sharo n Stee l Corporatio n fail s t o make th e paymen t plu s interes t thereo n a s calculate d pursuan t t o Paragrap h V.F

. hereo f fro m th e du e dat e t o th e paymen t dat e withi n suc h sixt y (60 ) day period , the n al l amount s du e o r t o becom e du e pursuan t t o Paragrap h V.A

. o r V.B

. hereof
, as th e case ma y be , shal l become du e an d payabl e immediately , withou t necessit y o f an y furthe r ac t b y th e Unite d State s (hereinafte r .referre d t o a s th e "Acceleratio n

Date")

. E

. Fro m an d afte r th e Acceleratio n

Date
, Sharo n Stee l Corporatio n shal l pay interes t o n th e entir e unpai d amount specifie d in Paragrap h V.A

. o r V.B

. hereof
, a s th e cas e ma y be , a t a rat e equal t o th e Prim e Rat e o f Unite d State s mone y cente r commercia l banks a s reporte d i n Th e Wal l Stree t Journa l plu s

-19

-3 1/2 % pe r annum, commencin g o n th e Acceleratio n

Dat e an d continuin g unti l th e amount s du e pursuan t t o Paragrap h V.E

. hereo f ar e pai d i n full
, an d additionall y shal l pay t o th e Unite d State s it s reasonabl e cost s (includin g attorneys fees ) incurre d i n collectio n thereof

. F

. I n th e event tha t Sharo n Stee l Corporatio n fail s t o timel y pa y t o th e Unite d State s an y su m require d t o b e pai d pursuan t t o Paragrap h V.A

. o r V.B

. hereo f an d ha s receive d notic e fro m th e Unite d State s instructing i t t o make suc h paymen t withi n sixt y (60 ) days , the n durin g suc h sixt y (60 ) da y perio d interes t shal l accrue o n th e outstanding principa l balance , a t a rat e equal t o th e coupo n issu e yiel d equivalen t ( a s determine d b y th e Secretar y o f th e Treasury ) o f th e accepte d auctio n pric e fo r th e las t auctio n o f 5 2 wee k Unite d State s Treasur y Bills settle d immediatel y prio r t o th e dat e when interes t begin s t o accrue . Interes t shal l b e compute d dail y t o t h e dat e o f paymen t an d shal l b e compounde d annually

. 1

. I f th e $2 2 millio n paymen t se t fort h i n Paragrap h V.A

. hereo f i s require d t o be mad e an d i s no t mad e o n o r befor e Novembe r 29 , 1990 , interes t shal l

accrue daily , beginnin g Novembe r 29 , 1990 ; 2

. I f th e $ 3 millio n paymen t se t fort h i n Paragrap h V.B.I.(a ) hereo f is require d t o b e mad e an d i s no t mad e o n o r befor e Novembe r 30 , 1990 , interes t shal l accru e daily , beginnin g Novembe r 30 , 1990 ;

-20

-3

.

I f th e $ 1 millio n paymen t se t fort h i n Paragrap h V.B.l.(b)(i )

o r Paragrap h V.B.2.(b)(ii)(v ) hereo f i s require d t o b e mad e an d i s no t mad e on or befor e Decembe r 1 , 1991 , interes t shal l accru e daily , beginnin g Decembe r 1 , 1991 ; 4

. I f th e $2 millio n paymen t se t fort h i n Paragrap h V.B.I.(b)(ii )

o r Paragrap h V.B.2.(b)(ii)(w ) 

### hereo f i s require d t o b e mad e an d i s no t mad e on or befor e Decembe r 1 , 1992 , interes t shal l accru e daily , beginnin g Decembe r 1 , 1992 ; 5

. I f th e $ 2 millio n paymen t se t forth i n Paragrap h V.B.1.(b)(iii )

o r Paragrap h V.B.2.(b)(ii)(x ) hereo f i s require d t o b e mad e and i s not mad e on or befor e December 1 , 1993 , interes t shal l accrue daily , beginnin g Decembe r 1 , 1993 ; 6

. I f th e $2 millio n paymen t se t fort h i n Paragrap h V.B.1.(b)(iv )

o r Paragrap h V.B.2.(b)(ii)(y ) hereo f i s require d t o b e mad e an d i s no t mad e o n o r befor e Decembe r 1 , 1994 , interes t shal l accru e daily , beginnin g Decembe r 1 , 1994 ; 7

. I f th e $2 millio n paymen t se t fort h i n Paragrap h V.B.l.(b)(v )

o r Paragrap h V.B.2.(b)(ii)(z ) hereo f i s require d t o b e mad e an d i s no t mad e o n o r befor e Decembe r 1 , 1995 , interes t shal l accru e daily , beginnin g December 1, 1995; and 8

. I f th e $2 2 millio n paymen t plu s interes t se t fort h i n Paragrap h V.B.2.(a ) hereo f is require d t o b e -21

-

### mad

e an d i s no t mad e o n o r befor e Februar y 28, 1991 , interes t shal l accru e daily , beginnin g Februar y 28 , 1991

. 

### G

. I n th e event tha t th e Bankruptc y Proceedin g is converte d int o a cas e unde r Chapte r 7 o f th e Bankruptc y Cod e a t

a tim e whe n th e Unite d State s i s owe d an y mone y (excep t pursuan t t o a genera l unsecure d claim) pursuan t t o Sectio n V

. hereof: 1

. Th e ful l unpai d amount s specifie d i n 

### Paragrap h V.B.I
, hereo f shal l b e deeme d t o b e a n allowe d administrativ e

priorit y clai m pursuan t t o Section s 503(b) an d 507(a)(l) o f th e Bankruptc y Code ; 2

. Th e Unite d State s shal l have th e righ t to : ( a ) retai n it s $7 0 millio n genera l unsecure d claim , a s specifie d i n Paragrap h V.B.l.(c)

. hereof ; o r (b ) giv e notic e t o th e Chapte r 7 truste e withi n ninet y (90 ) day s

o f th e conversion : ( i ) tha t i t does no t agre e t o have it s genera l unsecure d claim s fixe d a t $7 0 millio n as specifie d i n Paragrap h V.B.l.(c ) hereof ; an d (ii ) o f th e amoun t o f it s genera l unsecure d

. clai m the n claimed

. 3

. I n th e even t tha t th e Unite d State s exercise s i t s righ t pursuan t to Paragrap h V.G.2.(b ) hereof,.an y part y in interes t ma y objec t t o th e amoun t o f th e Unite d States genera l

unsecure d clai m o n any basis othe r tha n th e timelines s o f th e filin g thereof

. I n determinin g th e amount o f any genera l unsecure d clai m -22

-t

o which th e Unite d State s may b e entitled , th e Bankruptc y Cour t shal l conside r any amount s pai d pursuan t t o thi s Decree

. H

. Al l payment s mad e pursuan t t o this Decre e shal l b e delivere d by certifie d check(s ) t o "Hazardou s Substanc e Superfund. " Th e check s shal l referenc e th e nam e Sharo n Stee l Corporatio n an d th e Sites
, an d shal l b e sent b y certifie d mail , 

### retur n receip t requested , t o th e followin g address : Mello n Ban k E P A Regio n VII I Attn : Superfun d Accounting P.O

. Box 360859 M Pittsburgh
, Pennsylvani a

1525 1 Sharo n Stee l Corporatio n shal l simultaneousl

y sen d o r delive r a copy o f th e check(s ) t o th e Assistan t Regiona l Counse l f o r th e Sharo n Steel/Midval e

Tailing s Site
, at : USEP A Regio n VII I (8RC ) 9 9 9 18t h Street
, Suite 50 0 Denver
, C O 80202-240 5

an d Remedia l Cos t Recover y Coordinato r (8HWM-SR

) 9 9 9 18t h Street
, Suite 50 0 Denver
, C O 80202-240 5 I

. I n th e even t th e Truste e elect s t o provid e o r is require d t o provid e compensatio n

pursuan t t o Paragrap h V.B.I
, o r Paragrap h V.B.2.(b ) hereof
, the n th e followin g shal l apply : 1

. I n orde r t o secure , a t leas t in part , th e $9 millio n i n aggregate payment s provide d fo r i n Paragrap h V.B.l(b ) an d th e Note s specifie d therein , Sharo n Stee l Corporatio n shal l caus e it s wholl y owned
-23

-subsidiary ,

Sharo n Building an d Lan d Corporation
,

t o gran t a mortgag e t o th e Unite d States
, substantiall

y i n t h e for m annexe d heret o a s Exhibi t "E " ("Mortgage")
, a n d t o furnis h th e Unite d State s wit h a titl e insuranc e polic y o n th e premise s covere d b y th e Mortgag e (th e
cost o f which i s t o b e born e b y th e Unite d States)
, insurin g th e Mortgag e t o b e a firs t lie n upo n said premise s i n th e amount o f $4. 5 millio n an d subjec t onl y 

### t o suc h exception s as ar e reasonabl y acceptabl e t o th e Unite d States

. 2

. T o th e exten t tha t Sharo n Stee l Corporatio n
recovers fund s i n exces s o f it s cost s o f defens e relating t o th e Action s fro m any insuranc e polic y whic h i s th e subjec t matte r o f (a ) Sharo n Stee l Corporatio n
v . Aetn a Casualt y an d Suret y Company
, e t al. , Civi l Actio n No

. C87-2306
, presentl y pending i n th e Thir d Judicia l Distric t Cour t i n an d fo r Sal t Lak e County
, Stat e of Uta h ("Sharo n I") ; (b) Sharo n Stee l Corpora

tio n v . Aetn a Casualt y an d Suret y Company
, e t al. , Civi l Actio n No

. C88-4792
, presentl y pending i n th e Thir d Judicia l Distric t Cour t i n an d fo r Sal t Lak e County
, Stat e of Uta h ("Sharo n II") ; o r (c ) Sharo n Stee l Corporatio n

v . Nationa l Unio n Fir e Insuranc e Compan y o f Pittsburgh
, PA
, e t al. , Civi l Actio n No

. 89-0901666-CN
, presentl y pendin g i n th e Thir d Judicia l Distric t Cour t i n an d fo r Sal t Lak e County
, Stat e o f Uta h ("Sharo n III")
, suc h fund s shal l b e pai d over b y
-24

-Sharo n

Stee l Corporatio n t o th e Unite d State s t o pre-pa y th e Note s in th e orde r tha t they become du e an d payable ; provided , however , tha t nothin g containe d herein shal l preven t Sharo n Stee l Corporatio n fro m assigning , releasin g o r relinquishin

g an y o r al l o f it s righ t in , t o o r arisin g ou t o f an y o r al l o f th e policie s o r proceed s fro m suc h policie s a s the y relat e t o th e Action s i n consideratio n

for
, inte r alia , a resolutio n in whol e o r in par t o f an y dispute wit h an y
o f it s insurers , UV
, UV Trust
, th e Non-Settlin g Defendant s o r th e Non-Settlin g

Thir d Part y Defendants

. V I

. T H E STAT E I n ful l an d complet e satisfactio n

o f al l o f Sharon' s liabilities , dutie s an d responsibilitie s

arising ou t o f o r relatin g t o th e Action s an d th e Sites
, th e Stat e hereb y release s

a n d agree s t o hol d Sharo n harmles s fo r any clai m relatin g t o th e Tailing s Sit e o r th e Sla g Site
, including , bu t no t limite d to , a n y clai m fo r Respons e Cost s incurre d b y th e State
, an y clai m o r cost s incurre d b y th e Stat e pursuan t t o an y contrac t o r cooperativ e agreemen t wit h th e Unite d State s pursuan t t o Sectio n 104(e)(3 ) o f CERCLA
, an y clai m fo r damag e t o natura l resource s belongin g to , manage d by , appertainin g to , o r otherwis e controlle d b y th e Stat e o r unde r it s trusteeshi p pursuan t t o Sectio n 107(f)(2 ) o f CERCLA
, an y clai m fo r contributio n

o r

-25

-indemnit

y containe d i n th e State' s Proo f o f Claim
, whic h shal l be withdraw n in th e Bankruptc y Proceedin g upo n thi s Decre e becomin g effective
, an d any othe r clai m existing a t th e effectiv e dat e o f thi s Decre e o r which thereafte r come s int o existence

. VII

. EFFECT OF SETTLEMEN T A

. Th e compromis e an d settlemen t containe d i n thi s Decre e wa s reache d afte r extensiv e negotiation s

amon g th e parties

. Thi s Decre e represent s a compromis e betwee n th e partie s wit h respec t to Sharo n Stee l Corporation' s

liability arisin g ou t o f o r relatin g t o th e Actions
, i n ligh t o f th e exigencie s o f th e Bankruptc y Proceeding
, in which som e o r al l o f Sharo n Stee l Corporation' s

existing asset s an d businesse s ma y b e sol d an d som e o r al l o f th e ne t proceed s derive d fro m sale s ma y b e distribute d throug h th e Pla n o f Reorganizatio n

t o Sharo n Stee l Corporation' s

creditors ,

thereb y substantiall

y reducin g th e amoun t o f fund s tha t migh t otherwis e be availabl e in th e futur e t o pa y fo r Respons e Costs

. Subjec t t o th e term s an d condition s o f thi s Decree
, an d upo n thi s Decre e becomin g fina l

a n d effective : (i ) th e complain t agains t Sharo n Stee l Corporation
, th e counterclai m

asserte d by Sharo n Stee l Corporatio n agains t th e Unite d State s an d th e thir d part y clai m asserte d by Sharo n Stee l Corporatio n agains t th e Stat e i n Civi l Actio n No

. 86-C-924J shal l b e dismisse d an d (ii ) th e complain t

o f th e Unite d State s agains t Sharo n Stee l Corporatio n i n Civi l Actio n No

. 89-C-13 6 shal l b e dismissed

. -26

-B

.

By virtu e o f it s paymen t o f th e settlemen t amount identifie d i n Sectio n V

. o f thi s Decree
, Sharo n Stee l Corporatio n shal l hav e resolve d Sharon' s liability to th e Unite d State s fo r t h e matter s covere d b y th e Covenan t No t t o Su e i n Paragrap h VIII.A

. hereof

. With regar d to claim s fo r contributio n

agains t Sharo n Stee l Corporatio n by th e Non-Settlin g

Defendant s an d Non-Settlin g Thir d Part y Defendants i n th e Actions
, an d an y othe r Perso n entitle d t o brin g a clai m agains t Sharo n unde r Sectio n 107(a) o f CERCL A relatin g t o eithe r o r bot h o f th e Sites
, th e partie s heret o agree , an d thi s Cour t hereb y finds an d concludes , tha t th e statutor y provision s o f Sectio n 113(f)(2 ) o f CERCLA
, 4 2 U.S.C

. § 9613(f)(2)
, shal l govern . I f Sharo n Stee l Corporatio n fail s t o make any paymen t require d b y thi s Decre e pursuan t t o (i ) Paragrap h V.A

. hereof
, (ii ) Paragrap h V.B.I.(a)
, V.B.2.(a ) o r V.B.2.(b)(i )

hereof
, (iii ) Paragrap h V.E

. hereo f o r (iv) Paragrap h V.F

. hereof
, a s th e cas e may be , i t shal l los e t h e benefi t o f this Paragrap h VII.B

. C

. Nothin g herei n shal l b e deeme d t o affec t Sharon 1 s right s agains t any Non-Settlin g Defendants o r any othe r Perso n othe r tha n th e Unite d State s o r th e State

. D

. Th e Unite d State s an d th e Stat e expressl y reserv e th e righ t t o brin g actions , o r continu e t o procee d wit h th e presen t actions , agains t an y Perso n othe r tha n Sharo n wh o ha s

n o t resolve d it s liability t o th e Unite d State s o r th e Stat e respecting th e Tailing s Sit e o r th e Sla g Site

. E

. Sharo n Stee l Corporatio n agree s tha t wit h respec t t o an y sui t o r clai m fo r contributio n

brough t agains t it fo r -27

-matter s

covere d b y thi s Decree
, i t wil l timel y notif y th e Unite d States
, i n conformanc e wit h Sectio n VIII

. hereo f o f th e institutio n o f suc h sui t o r claim

. I t is als o agree d tha t th e Unite d State s shal l b e unde r n o obligatio n t o assis t Sharo n Stee l Corporatio n i n responding t o suc h suit o r clai m fo r contribution

. F

. Thi s Decre e shal l have n o effec t o n an y claim s o f t h e Unite d State s excep t thos e brough t b y th e Unite d State s o n behal f o f EP A a s the y relat e t o th e Sites

. VIII

. COVENAN T NO T T O SU E A

. Excep t a s specificall y provide d hereafte r i n Paragrap h VIII.B

. an d VIII.C

. hereof
, th e Unite d State s an d th e Stat e hereb y covenan t no t t o su e Sharo n a s t o an y matte r allege d i n eithe r o r bot h o f th e Actions
, including any Futur e Liability wit h regar d t o th e Tailing s Sit e o r th e Sla g Sit e an d any liabilit y which migh t aris e as a resul t o f th e redisposa l o f an y hazardou s substance s a s require d b y an y Respons e actio n conducte d a t eithe r o f th e Sites

. Thi s Paragrap h shal l no t b e construe d as a Covenan t no t t o Su e an y othe r Person
, othe r tha n Sharon

. Thi s Covenan t no t t o Su e applie s onl y t o Sharon
, th e Unite d State s an d th e State

. Thi s Covenan t no t t o Su e shal l tak e effec t upo n paymen t b y o r o n behal f o f Sharo n Stee l Corporatio n t o th e Unite d State s o f th e su m o f $2 2 millio n in Cas h pursuan t t o Sectio n V.A

. hereo f o r V.B.2(a ) hereof
, a s th e

-28

-cas e

ma y be , o r paymen t b y o r o n behal f o f Sharo n Stee l Corporatio n o f th e su m o f $ 3 millio n in Cas h an d th e deliver y o f t h e Note s pursuan t t o Paragrap h V.B.l(a)
, Paragrap h V.B.l(b)
, Paragrap h V.B.2(b)(i)
,

Paragrap h V.B.2(b)(ii )

o r Paragrap h V.B.2{c ) hereof
, as th e case ma y be

. B

. Thi s Covenan t no t t o Su e shal l no t apply t o th e following : 1

.

Claim s base d o n crimina l liability ; 2

. Claim s base d o n th e failur e t o compl y wit h this Decree ; 3

. Claim s fo r damag e t o natura l resource s belonging to , manage d by , hel d i n trus t by , appertainin g to , o r otherwis e controlle d b y th e Unite d States ; 4

. Claim s agains t Sharo n Stee l Corporatio n arisin g fro m an y action s o f Sharo n Stee l Corporatio n afte r th e effectiv e dat e o f thi s Decree
, wit h respec t t o an y o f it s futur e activitie s whic h exacerbat e th e releas e o r threatene d releas e o f hazardou s substance s
a t th e Sites
, o r caus e furthe r o r additiona l endangermen t t o huma n healt h o r the environmen t at the Sites ; o r 5

. Claim s base d upo n liability fo r hazardou s substance s removed fro m th e Site s o n o r afte r th e effectiv e dat e o f thi s Decre e a s provide d i n Sectio n XVI

. hereof
, unles s suc h remova l i s require d o r

-29

-authorize d

b y a n EPA-issue d Recor d o f Decisio n o r a n authorize d EP A representativ e

durin g a n emergency . C

. Notwithstandin g

an y othe r provision s o f thi s Decree
, including , withou t limitation , Paragrap h VIII.B

. hereof
, t h e Unite d State s an d th e Stat e reserv e th e righ t t o institute proceeding s in eithe r o f th e Action s o r in a ne w actio n seekin g relie f fro m Sharo n Stee l Corporatio n i n connectio n wit h th e Tailing s Sit e o r th e Sla g Site
, bu t onl y i f 1

. Condition s

a t th e Tailing s Sit e o r th e Sla g Sit e which were previousl y unknown t o o r undetecte d b y t h e Unite d State s ar e discovere d afte r th e Unite d State s ha s certifie d tha t al l Remedia l Actio n ha s bee n complete d a t eac h Sit e an d thes e condition s indicat e tha t a hazardou s substanc e ha s bee n or i s bein g release d int o th e environmen t o r tha t ther e i s a substantia l threa t o f suc h a releas e int o th e environment ; or 2

. Th e Unite d State s determines , base d o n informatio n receive d i n whol e o r i n par t afte r Remedia l Actio n ha s bee n completed , tha t th e Remedia l Actio n take n a t th e Tailing s Sit e o r th e Sla g Sit e is no t protectiv e o f huma n healt h an d th e environment

. I n th e even t th e Stat e institute s proceeding s

agains t Sharo n pursuan t to thi s Paragrap h VIII.C

. then , notwithstanding
a n y othe r provisio n o f thi s Decree
, Sharo n shal l have th e righ t t o asser t an y claim s i t had , has o r ma y have i n th e futur e agains t th e State

. -30

-D

.

Notwithstandin g

any othe r provisio n i n thi s Decree
, thi s Covenan t no t t o Su e shal l no t reliev e Sharo n Stee l Corporatio n o f it s obligatio n t o mee t th e requirement

s se t fort h in thi s Decree

. E

. Nothin g i n this Decre e shal l affec t any clai m which th e Unite d State s may , subsequen t t o executio n hereof
, obtai n arisin g fro m th e claim s agains t Sharo n Stee l Corporatio n by Non-Settlin g Defendant s o r Non-Settlin g

Thir d Part y Defendants ; provided , however , tha t th e Unite d State s ma y no t
asser t any clai m fo r indemnificatio n

o r contributio n

agains t Sharo n wit h respec t t o any suc h claim s agains t Sharo n Stee l Corporatio n b y Non-Settlin g Defendants o r Non-Settlin g

Thir d Part y Defendants

. F

. Fo r an d i n consideratio n

o f th e covenant s an d promise s mad e herein , Sharo n Stee l Corporatio n an d th e Truste e
covenan t no t t o su e o r otherwis e asser t an y caus e o f action , clai m o r deman d agains t th e Unite d State s o r th e State
, including , withou t limitation , any claim s pursuan t t o Section s 10 7 an d 11 2 o f CERCLA
, 4 2 U.S.C

. § § 960 7 an d 9612 , o r an y othe r provisio n o f law , directl y o r indirectly , o r agains t th e Hazardou s Substanc e Superfun d establishe d

by 2 6 U.S.C

. § 9507 , o r any othe r claim s agains t th e Unite d State s o r th e Stat e fo r expense s relate d t o th e Action s an d thi s Decree

. G

. Nothin g i n thi s Decre e shal l constitut e preauthorizatio n

o f a CERCL A clai m withi n th e meanin g o f 4 0 C.F.R

. § 300.700(d)

.

-31

-I X

.

IMPLEMENTATION

OF PLA N OF REMEDIA L ACTION A

. Sharo n shal l no t b e responsibl e fo r conducting an y studies , implementing

any Remedia l Actio n o r taking any Respons e actio n wit h respec t t o th e Tailing s Sit e o r th e Sla g Site

. B

. Sharo n shal l b e relieve d o f an y an d al l responsibilit y fo r th e contro l o f fugitiv e dus t fro m th e Tailing s Site
, inspecting th e tailings , reporting o n th e conditio n o f th e polyme r coatin g an d fro m complyin g wit h th e Administrativ e Orde r o f th e Uta h Burea u o f Ai r Qualit y date d M ay 5, 1988

. C

. Sharo n shal l continu e t o maintai n th e existing fenc e {hereinafte r

i n thi s Paragrap h C only , th e "Fence" ) an d securit y a t th e portio n o f th e Tailing s Sit e i t own s a s follows : 1

. Unti l Decembe r 31 , 1990 , Sharo n shal l maintai n 24-hou r securit y an d shal l inspec t fo r an d repai r an y damag e t o th e Fence

. 2

. Fro m Januar y 1 , 199 1 unti l Remedia l Actio n i s initiate d by th e Unite d State s a t th e Tailing s Site
, Sharo n shal l inspec t th e Fenc e o n th e followin g schedule : (a ) onc e a mont h betwee n Octobe r 1 an d Marc h 3 1 an d (b ) twic e a mont h betwee n Apri l 1 an d Septembe r 30

. Sharo n shal l giv e notic e t o th e Unite d State s as t o th e resul t o f eac h inspectio n withi n te n workin g day s o f th e receip t b y Sharo n o f th e repor t o f

eac h inspection

.
-32

-3

.

Fro m th e tim e Remedia l Actio n i s initiate d o n t h e portio n o f th e Tailing s Sit e Sharo n own s unti l al l Remedia l Actio n i s complete / th e Unite d State s shal l b e solel y responsibl e fo r inspecting , maintaining

an d repairin g th e Fenc e an d Sharo n shal l have n o dutie s o r responsibilitie s

respectin g th e Fence

. 4

. Afte r notic e b y th e Unite d State s t o Sharo n tha t al l Remedia l Actio n a t th e Tailing s Sit e ha s been 

### completed , and , t o th e exten t tha t an y Recor d o f Decisio n fo r th e Tailing s Sit e require s an y restrictio n
o n acces s t o th e portio n o f Tailing s Sit e Sharo n own s which i s t o be implemente d b y us e o f th e Fence
, Sharo n shal l resume inspecting th e Fenc e o n th e followin g schedule : (a ) onc e a mont h betwee n Octobe r 1 an d Marc h 3 1 an d (b ) twic e a mont h betwee n Apri l 1 an d Septembe r 30

. Sharo n shal l giv e notic e t o th e Unite d State s a s t o th e resul t o f eac h inspectio n withi n te n workin g days o f th e receip t b y Sharo n o f th e repor t o f

eac h inspection

. 5

. Before
, during an d followin g th e completio n
o f th e Remedia l Actio n a t th e Tailing s Site
, Sharo n shal l abid e b y an y restrictio n o n the us e o f the Tailing s Sit e se t fort h i n any Recor d o f Decisio n fo r t h e Tailing s Site

. 6

. Afte r Decembe r 31 , 1990 , Sharo n shal l b e relieve d o f al l responsibilit

y fo r maintaining th e securit y a t th e portio n o f Tailing s Sit e it own s an d
-33

-maintaining

an d repairing th e Fence

. Upo n thi s Decree becomin g fina l an d effective
, Sharo n shal l b e relieve d

o f al l responsibilit

y fo r complying wit h th e Administrativ e

Orde r o f th e Unite d State s date d Decembe r 28 , 198 8 concernin g fenc e an d ber m 

### constructio n a t th e Tailing s Site

. D

. Sharo n shal l continu e t o maintai n th e existing fenc e (hereinafte r

in this Paragrap h D only , th e "Fence" ) a t th e 

### Silve r Refiner y Are a a s follows : 1

. Unti l Decembe r 31 , 1990 , Sharo n shal l inspec t f o r an d repai r any damag e t o th e Fence

. 2

. Fro m Januar y 1 , 199 1 unti l Remedia l Actio n i s initiate d by th e Unite d State s a t th e Sla g Site
, Sharo n shal l inspec t th e Fenc e around th e Silve r Refiner y Are a
o n th e followin g schedule : (a ) once a mont h betwee n Octobe r 1 an d Marc h 3 1 an d (b ) twic e a mont h betwee n Apri l 1 an d Septembe r 30

. Sharo n shal l giv e notic e t o t h e Unite d State s a s t o th e resul t o f eac h inspectio n withi n te n workin g days o f th e receip t b y Sharo n o f th e repor t o f eac h inspection

. 3

. Afte r Remedia l Actio n is initiate d o n th e Silve r Refiner y Area
, th e Unite d State s shal l b e solel y responsibl e fo r inspecting , maintainin g an d repairin g the Fenc e an d Sharo n shal l hav e no dutie s o r responsibilitie s

respectin g th e Fence

. 4

. Sharo n shal l not be require d t o construc t a fenc e aroun d th e Sla g Sit e o r an y portio n o f it

. -34

-5

.

Before
, during an d followin g th e completio n
o f Remedia l Actio n a t th e Sla g Site
, Sharo n shal l abid e b y any restrictio n o n th e us e o f th e Sla g Sit e se t forth in an y Record o f Decision

. 6

. I f a t any tim e afte r Decembe r 30 , 1990 , th e Unite d State s decide s no t t o conduc t an y Remedia l Actio n a t th e Silve r Refiner y Area
, th e Unite d State s shal l s o notif y Sharo n an d Sharo n shal l b e relieve d o f t h e responsibilit

y o f complying wit h th e provision s o f this Paragrap h D. 2 fro m th e dat e o f suc h notice

. E

. Afte r Decembe r 31 , 1990 , th e Unite d State s shal l

assume responsibilit

y fo r sit e securit y o f th e portio n o f th e Tailing s Sit e which Sharo n Stee l Corporatio n currentl y own s an d t h e Silve r Refiner y Area ; provided , however , tha t nothin g containe d i n thi s Paragrap h IX.E

. o r Paragrap h IX.C.6

. shal l modif y Sharon' s dutie s an d obligation s pursuan t to Paragraph s IX.C

. an d D

. hereof

. X

. PRESERVATIO N O F OTHER CLAIM S A

. Nothing in this Decree shal l b e deeme d t o impai r
a n y claim s identifie d i n th e Unite d States Proo

f o f Claim
, o r
a ny othe r claim s o f th e Unite d State s o n behal f o f EPA
, othe r tha n th e Unite d States claim s

wit h respec t t o th e Tailing s Sit e
a n d th e Sla g Site

. Unles s otherwis e compromise d o r settled , and , excep t a s provide d i n Paragrap h X.B

. below , al l othe r suc h claim s ("Othe r Claims") shal l no t b e affecte d b y th e
-35

-confirmatio n

o f th e Pla n o f Reorganizatio n

an d shal l no t b e discharge d pursuan t t o Bankruptc y Cod e § 114 1 o r otherwise

. Th e
amount o f an y Othe r Claim s an d th e Unite d States rights ,

i f any , t o paymen t in respec t thereo f shal l be determine d in th e
manne r an d b y th e administrativ e

o r judicia l tribunal s in which t h e amoun t o f eac h o f th e Othe r Claim s an d th e Unite d States right s woul d have bee n resolve d o r adjudicate d i f th e Bankruptc y Proceedin g ha d no t been commenced

. B

. Notwithstandin g

anythin g containe d i n thi s Decre e t o th e contrary , i n th e event a clai m fo r damage s t o Natura l Resource s belongin g to , manage d by , hel d i n trus t b y o r otherwis e controlle d b y th e Unite d State s is asserte d agains t Sharo n arisin g ou t o f o r relating t o eithe r o r bot h o f th e Sites
, th e issu e a s t o whethe r suc h clai m ha s been discharge d o r otherwis e rendere d nonassertabl

e b y virtu e o f th e Bankruptc y Proceedin g shal l be determine d i f an d when an y suc h clai m i s asserted

. X I

. NOTICE S Unles s otherwis e state d i n thi s Decree
, wheneve r th e terms o f this Decree requir e tha t notic e be given , i t shal l be directe d in writing , b y certifie d o r registere d mail , retur n receip t requested , t o th e followin g individual s a t th e addresse s specifie d below , o r t o suc h othe r individua l o r addres s as suc h individua l may fro m tim e t o tim e designate b y notice :

-36

-

### A

.

I f t o th e Unite d States : 1

. Unite d State s Departmen t o f Justic e Chief
, Environmenta l

Enforcemen t Sectio n Environmen t an d Natura l Resource s Divisio n Roo m 154 1 (EE S DOCKETS ) 10t h an d Pennsylvani a

Avenue
, N.W

. Washington
, D.C

. 2004 4 2

. Assistan t Regiona l Counse l fo r th e Sharo n Stee l Sit e 8R C Unite d State s Environmenta l

Protectio n Agenc y 9 9 9 18t h Street
, Suit e 50 0 

### Denver
, Colorad o 80202-240 5 3

. Remedia l Cos t Recover y Coordinato r (8HWM-SR

) Unite d State s Environmenta l

Protectio n Agency 9 9 9 18t h Street
, Suite 50 0 Denver
, Colorad o 80202-240 5 4

. EP A Regiona l Projec t Manage r — 8HWM-S R Sharo n Steel/Midval e

Tailing s Sit e Unite d State s Environmenta l

Protectio n Agency 9 9 9 18t h Street
, Suite 50 0 Denver
, Colorad o 80202-240 5 5

. EP A Regiona l Projec t Manage r — 8HWM-S R Midval e Sla g Sit e Unite d State s Environmenta l

Protectio n Agency 9 9 9 18t h Street
, Suit e 50 0 Denver
, Colorad o 80202-240 5 B

. I f t o th e State : 1

. Fre d G Nelson
, Esq

. Assistan t Attorne y Genera l Stat e o f Uta h 1 2 4 Stat e Capita l Sal t Lak e City
, Uta h 8411 4 2

. Kri s D

. Bicknell
, Esq

. 4 0 0 Sout h Colorad o Boulevar d Suit e 70 0 Denver
, Colorad o 8022 2 C

. I f to Sharo n Stee l Corporation : 1

. Frankli n E

. Agnew
, III
, Truste e c / o Peacock William s 212 0 On e Mello n Ban k Centr e Pittsburgh
, Pennsylvani a

1521 9

-37

-2

.

Chie f Operating Office r Sharo n Stee l Corporatio n P.O

. Bo x 29 1 Sharon
, Pennsylvani a

1614 6 XII

. MODIFICATION

, COUNTERPARTS

, PARAGRAP H HEADINGS A

. Withou t seekin g approva l o f this Court
, th e partie s heret o may stipulat e t o extension s o f u p t o an d including ninet y (90 ) day s o f an y o f th e date s se t fort h i n Sectio n V

. hereof

. B

. Excep t as specificall y provide d in thi s Decre e o r b y th e Federa l Rule s o f Civi l Procedure
, n o modification s

shal l be mad e t o this Decre e withou t notic e t o an d prio r writte n approva l o f th e Unite d States
, Sharo n Stee l Corporatio n by it s Truste e o r hi s successor , th e Stat e an d th e Court
, C

. Al l Sectio n an d Paragrap h heading s herein ar e fo r convenienc e onl y and are i n n o wa y t o b e construe d a s a par t o f thi s Decre e o r a limitatio n o n th e scop e o f th e provision s t o which they may refer

. XIII

. RESPONS E AUTHORIT Y Nothing in thi s Decree shal l be deemed t o limi t th e respons e authorit y o f th e Unite d State s unde r Sectio n 10 4 o f CERCLA
, 4 2 U.S.C

. § 960 4 o r an y othe r applicable la w o r regulation , o r t o alte r th e applicable lega l principle s governin g judicia l revie w o f any actio n take n b y th e Unite d State s pursuan t t o tha t authority

.
-38

-XIV

. GRAN T OF ACCES S T O TH E SITES A

. T o th e exten t tha t th e Tailing s Sit e o r th e Sla g Sit e ar e owned and/o r controlle d b y Sharon
, acces s shal l b e grante d t o th e Site s a t al l reasonabl e time s t o EPA
, th e Stat e
and an y Person s who have agreed , bee n ordere d t o or have , pursuan t t o a n administrativ e

o r judicia l orde r o r a n administrativel

y o r judiciall y enforceabl e agreement , t o perfor m
an y Respons e action s a t th e Sites
, an d thei r representatives , f o r purpose s o f conducting , supervising ,

supportin g an d monitorin g al l Respons e action s authorize d b y CERCLA
, including , b u t no t limite d to , conductin g Remedia l Actions
, conductin g operatio n o r maintenanc e activities , a s tha t ter m i s define d in Sectio n 104(c)(6) o f CERCLA
, 4 2 U.S.C

. § 9604(c)(6)
, conductin g five-yea r reviews pursuan t t o Sectio n 121(c ) o f CERCLA
, 4 2 U.S.C

. § 9612(c)
, an d implementin g al l Respons e actions , a s relating t o a releas e o r threa t o f releas e o f hazardou s substance s a t o r of f th e Sites

. B

. Sharo n shal l no t interfer e with , obstruc t o r distur b th e performance
,

suppor t o r supervisio n o f an y Remedia l Actio n o r Respons e take n o r t o be take n a t th e Tailing s Sit e o r t h e Sla g Sit e (whethe r pursuan t t o thi s Decre e o r any othe r judicia l o r administrativ e

actio n o f EP A o r th e State)
, includin g an y operatio n o r maintenanc e activities , an d shal l no t tak e any actio n which may affec t th e integrit y o r effectivenes s

-39

-o f th e Remedia l Action
, excep t wit h th e concurrenc e

o f EPA
, th e Stat e an d thi s Court

. C

. An y deed , title , easement o r othe r instrumen t o f conveyanc e fo r th e portio n o f Tailing s Sit e owne d b y Sharo n Stee l Corporatio n o r th e Silve r Refiner y Are a shall contai n a notic e tha t suc h property , o r an y portio n thereof
, i s th e 

### subjec t o f this Decree
, settin g forth th e styl e o f th e case , case number an d Cour t havin g jurisdictio n

herein

. Suc h deed , title , easemen t o r othe r instrumen t shal l includ e a covenan t ( i ) granting EP A an d it s representative s

access a t al l reasonabl e time s t o suc h propert y o r portio n thereo f fo r purpose s o f conducting , supervising ,

supportin g an d monitorin g a l l Respons e action s authorize d by CERCLA
, including operatio n

o r maintenance ;

(ii ) no t t o interfer e with , obstruc t o r distur b t h e performance
,

suppor t o r supervisio n o f an y Respons e take n o r t o be take n a t suc h property , including an y operatio n o r maintenanc e activities ; (iii ) no t t o tak e an y actio n which ma y affec t th e integrit y o r effectivenes s

o f th e remedy , excep t wit h t h e concurrenc e

o f EPA
, th e Stat e an d thi s Court; an d (iv ) containin g a n agreemen t t o infor m an y Perso n tha t subsequentl y acquires an y title , easemen t o r othe r interes t in th e property , o r any portio n thereo f fro m Sharon
, o f th e requirements , condition s an d operativ e effec t o f thi s Sectio n XIV

. D

. A t leas t 3 0 days prio r t o an y conveyanc e o f the par t o f th e Tailing s Sit e Sharo n Stee l Corporatio n own s o r th e Silve r Refiner y Are a o r any portio n thereo f b y Sharon
, an d wit h respec t t o thos e conveyance s t o tak e plac e subsequen t t o th e -40

-entr

y o f thi s Decree
, Sharo n shal l giv e notic e t o th e Unite d State s an d th e Stat e o f th e inten t t o conve y titl e o r any othe r interes t i n suc h property , o r an y portio n thereof
, an d th e nam e
a n d addres s o f th e propose d transfere e an d th e propose d wording
o f th e covenant require d unde r thi s Sectio n XIV

. E

. Withi n 3 0 day s o f th e effectiv e dat e o f thi s Decree
, Sharo n Stee l Corporatio n shal l recor d a cop y o f thi s Decre e togethe r wit h al l Exhibit s heret o (o r som e othe r documen t i n recordabl e for m referrin g t o thi s Decree ) wit h th e Recorder' s Office
, Sal t Lak e County
, Utah
, a s notic e o f th e content s an d requirement s o f thi s Decree

. F

. T o th e exten t tha t th e Tailin g Sit e o r th e Sla g Sit e i s owne d o r controlle d b y Sharo n o n th e dat e tha t thi s Decree i s executed , th e restriction s

an d obligation s se t fort h i n thi s Sectio n XIV

. shal l ru n wit h th e lan d an d shal l b e bindin g upo n an y an d al l Person s tha t acquir e an y title t o o r
a n y othe r interes t i n suc h property , o r an y portio n thereof

. X V

. WITNESSE S AN D DOCUMENT S Notwithstandin g

any othe r provisio n o f thi s Decree
, Sharo n Stee l Corporatio n agree s t o maintai n al l record s relevan t to^th e Action s an d t o cooperat e fully wit h request s fro m th e Unite d State s t o provid e access t o suc h nonprivilege d

document s

an d t o provid e testimony b y it s employee s an d t o cooperat e wit h t h e Unite d State s i n obtainin g testimon y o f it s agent s an d contractors , tha t is relevan t t o th e Action s unti l bot h Action s
-41

-hav e been full y resolve d throug h th e entrie s o f fina l judgments

a n d th e resolutio n o f any an d al l appeals therefrom

. XVI

. ENTRY
, EFFECTIV E AN D TERMINATIO N

DATES A

. Th e Unite d State s shal l complet e it s revie w o f publi c comment s wit h respec t t o thi s Decre e n o late r tha n 3 0 days afte r th e expiratio n o f th e publi c notic e an d commen t perio d provide d fo r i n 2 8 C.F.R

. § 50.7

. If
, afte r revie w o f t h e publi c comments , th e Unite d State s elect s t o see k entry o f this Decree
, i t shal l d o s o withi n 1 5 days o f it s completio n o f i t s revie w o f publi c comments

. B

. Thi s Decre e shal l no t become fina l o r effectiv e until : 1

.

i t ha s been entere d b y thi s Court ; and 2

. an Orde r i s entere d b y the Bankruptc y Cour t ( i ) confirmin g a Pla n o f Reorganizatio n

fo r Sharo n Stee l Corporation ;

o r (ii ) authorizing th e Truste e t o ente r int o an d rende r performanc e in accordanc e wit h t h e term s an d condition s o f thi s Decree
, whicheve r
come s first

. C

. Afte r allowanc e o f th e Unite d States genera l

unsecure d clai m (shoul d th e Truste e elec t t o provid e fo r suc h a claim)
, an d afte r Sharo n Stee l Corporation' s

payment s to th e Unite d State s hav e bee n mad e pursuan t t o Sectio n V

. hereof
, an d afte r th e Unite d State s ha s certifie d tha t al l Remedia l Action s f o r th e Tailing s Sit e an d th e Sla g Sit e have bee n completed , -42

-Sharo n

Stee l Corporatio n shal l petitio n th e Unite d State s fo r agreemen t t o terminat e this Decree

. I f th e Unite d State s accept s t h e petition , th e Unite d State s an d Sharo n Stee l Corporatio n shal l jointl y petitio n th e Cour t fo r terminatio n o f th e Decree

. I f th e Unite d State s rejects th e petition , i t shal l explai n it s
reason s therefo r i n writin g t o Sharo n Stee l Corporatio n withi n thirt y (30 ) day s o f receip t o f Sharo n Stee l Corporation' s petition

. Shoul d th e Unite d State s rejec t th e petition , Sharo n Stee l Corporatio n wil l have th e righ t t o petitio n th e Cour t unilaterall y fo r termination

. Terminatio n

shal l no t affec t th e provision s o f Section s I
, III
, IV
, VI
, VII
, VIII
, IX
, X
, XI
, XIV
, XV
, XVI I an d XVII I hereof

. XVII

. COST S Each part y heret o shal l bea r it s ow n cost s an d attorney' s fee s excep t a s otherwis e provide d herein

. XVIII

. RETENTIO N O F JURISDICTIO N A

. Thi s Cour t shal l retai n jurisdictio n

o f thi s Decre e a s it relate s t o th e Action s fo r purpose s o f ensurin g complianc e wit h .it s term s an d conditions

. B

. Th e Unite d States
, th e Stat e an d Sharo n eac h retain s th e righ t t o see k enforcemen t o f th e term s o f thi s Decre e an d t o tak e an y actio n authorize d b y Federa l La w no t

-43

-

### inconsisten t

wit h th e terms o f this Decre e t o achiev e complianc e 

### wit h th e terms an d condition s o f this Decree

. T H E PARTIE S ENTE R INTO THI S PARTIA L CONSEN T DECRE E AN D SUBMI T I T T O TH E COURT
, THA T I T MA Y B E APPROVED AN D ENTERED

. F O R SHARON STEE L CORPORATION ' E

. AGNfe W II I Truste e o f Sharo n Stee l Corporatio n 

### c / o Peacoc k William s 212 0 On e Mello n Ban k Cente r 

### Pittsburgh
, Pennsylvani a

1521 9 

### By

.MALVI N G

. SANDE R 

### Senio r Vic e President
, Genera l Counse l an d Secretar y Sharo n Stee l Corporatio n P

. 0

. Bo x 29 1 Sharon
, Pennsylvani a

1614 6 B 

### i y ^LAWRENC E A

. DEMAS E 

### Rose
, Schmidt
, Hasle y & DiSall e 9 0 0 Olive r Building Pittsburgh
, Pennsylvani a

1522 2 'STEVEN M

. PESNER 

### Anderson
, Kill
, Olic k & Oshinsky
, P.C

. 6 6 6 Thir d Avenu e N e w York
, Ne w Yor k 1001 7 B y

_

. ALA N FLETCHE

R 

### Pruitt
, Gushe e & Fletche r Suite 185 0 Beneficia l Life Towe r Sal t Lak e City
, Uta h 0411 1

-44

-F OR TH E STAT E O F UTA H *
Fre d G Nelso n 

### Attorne y Genera l 

### Stat e o f Uta h 2 3 6 Stat e Capito l 

### Sal t Lak e City
, Uta h 8411 4 By

. 

### Kri s D

. Bicknel K / 

### Greengar d & Sente r 4 0 0 S

. Colorad o Boulevar d 

### Suite 70 0 Denver
, Colorado 8022 2
Kehnet h L

. Alkema
, Directo r Departmen t o f Healt h 

### Divisio n o f Healt h 2 8 8 North
, 146 0 Wes t P.O

. Bo x 1669 0 

### Sal t Lak e City
, Uta h 84116-069 0

* Th e Stat e o f Utah' s agreemen t i s conditione d

upo n th e U.S

. Environmenta l

Protectio n Agency' s executio n o f a n Administrativ e

Orde r o n Consent
, th e unexecute d versio n o f whic h i s date d Augus t 20 , 1990 , tha t has bee n negotiate d be

twee n th e U.S

. Environmenta l

Protectio n Agenc y an d th e Stat e
o f Utah

. -45

-F O R TH E UNITE D STATE S ENVIRONMENTA L PROTECTIO N AGENCY JAMES M

. STROC K 

### Assistan t Administrato r f o r Enforcemen t an d Campliaua e 

### Monito r lag U.S

. Environmenta l Protectio n Agenc y 

### 4 0 1 M Street
, S.w

. Washington
, D.C

. 2046 0 

## j; Regoprfa l Administrato r U.S

. Environmenta l Protectio n Agenc y 

### Regio i
THOMAS / SPEICHE R 

### l 

### Regiona l Counse l U.S

. Environmenta l Protectio n Agency Regio n VII I
MATTHE W D

. COH N 

### Assistan t Regiona l Counse l 

### Regio n VII I 9 9 9 18t h Street
, Suit e 130 0 

### Denver
, Colorado 8020 2 O F COUNSE L JOH N H

. WHEELE R NANC Y A

. MANGON E 

### Offic e o f Enforcemen t an d Complianc e Monitoring U.S

. Environmenta l Protectio n 

### Agency 4 0 1 M Street
, S.W

. Washington
, D.C

. 20460

-46

-F O R TH E UNITE D STATES : 

## if) (I RICHAR D B

. STEWAR T 

### Assistan t Attorne y Genera l Environmen t an d Natura l Resource s Divisio n U.S

. Departmen t o f Justic e 10t h & Pennsylvani a Avenue
, N.w

. Washington
, D.C

. 2053 0
W

. BENJAMI N FISHEROV T JOE L M

. GROS S DAVI D E

. STREET 

### Environmenta l Enforcemen t Sectio n Environmen t an d Natura l Resource s Divisio n 

### U.S

. Departmen t o f Justic e 

### 10t h & Pennsylvani a Ave.
, N.w

. Washington
, D.C

. 2053 0 

# UJL BENSO N 

### : e d State s Attorney Distric t o f Uta h 

### U.S

. Courthous e 3 5 0 Sout h Mai n Stree t Sal t Lak e City
, Uta h 8410 1
DANSE L PRIC E 

### Assistan t Unite d State s Attorne y 

### Distric t o f Uta h U.S

. Courthous e 

### 3 5 0 Sout h Mai n Stree t Sal t Lak e City
, Uta h 8410 1 

### Approve d and Entere d b y the Cour t thi s 1 % da y o f 90

. *>tjtT*. 1990

. . 

# ^sL

-47

-Unite d State s Distric t Cour t f o r th e 

### Distric t o f Utah 

### Novembe r 14 , 199 0

* * MAILIN

G CERTIFICAT

E O F CLERK * * Re : 2:86-cv-0092 4 Tru e an d correct copie s o f th e attache d wer e maile d b y th e clerk t o th e following : 

### Dan Price
, Esq

. U.S

. ATTORNEY' S

OFFIC E 35 0 Sout h Main #47 6 

### Salt Lak e City
, U T 8410 1 Charle s Meyer
, Esq

. 

### U.S

. Dept

. o f Justic e 

### Lan d & Natura l Resource s Divisio n Environmenta l Defens e Sectio n P.O

. Box 2398 6 Washington
, D C 20026-398 6 W

. Benjami n Fisherow
, Esq

. U.S

. DEPARTMEN

T O F JUSTIC E LAN D & NATURA L RESOURCE S DIVISION 

### Bo x 761 1 Be n Frankli n Statio n 

### 12t h & Pennsylvani a Av e N.W

. Washington
, DC 2004 4 A

. Joh n Davis
, Esq

. PRUITT
, GUSHE E & BACHTELL 1850 Beneficia l Lif e Towe r Salt Lak e City
, U T 8411 1 

### Ala n Fletcher
, Esq

. PRUITT
, GUSHE E & BACHTEL L 

### 1850 Beneficia l Lif e Towe r Salt Lak e City
, U T 8411 1 

### Steve n M

. Pesner
, Esq

. ANDERSON
, KILL
, OLIC K & OSHINSK Y 

### 6 66 Thir d Avenue N e w York
, N Y 1001 7

» 

### Edwi n L

. Klett
, Esq

. ECKERT
, SEAMAN S & CHERI N 

### 60 0 Gran t Stree t 

### Pittsburgh
, P A 1521 9 Bren t V

. Manning
, Esq

. HOLME
, ROBERT S & OWE N5 0

Sout h Mai n /90 0 Sal t Lak e City
, U T 8414 4 Norto n F

. Tennille Jr.
, Esq

. JONES
, DAY
, REAVI S & POGU E Metropolita n Squar e 145 0 G

. Street
, N.W

. Washington
, D C 20005-208 8 Eugen e C Tidball
, Esq

. 5 5 5 17t h Street
, Suite 362 8 P.O

. Bo x 530 0 Denver,
, C O 8021 7 Danie l M Allred
, Esq

. PARSONS
, BEHL E & LATIMER 18 5 Sout h Stat e #70 0 P.O

. Bo x 1189 8 Sal t Lak e City
, U T 84147-089 8 

### Gary J

. Fisher
, Esq

. U.S

. Dept

. o f Justic e 

### Environmenta l Enforcemen t Sectio n Room 731 1 10t h & Pennsylvani a Avenue
, N.W

. Washington
, D C 2053 0 Fre d G Nelson
, Esq

. Stat e Capito l Building #23 6 Roo m 124

- Salt Lak e City,
, U T 8411 4 David A Greenwood
, Esq

. 

### 5 0 Sout h Mai n Stree t #160 0 P.O

. Bo x 4534 0 

### Sal t Lak e City,
, U T 8414 5 Joh n W Horsley
, Esq

. 1 5 Eas t 10 0 Sout h 

### Sal t Lak e City,
, U T 8410 1 Dave McMullin
, Esq

. 4 3 9 Wes t Uta h Avenu e P.O

. Bo x 17 8 Payson,
, U T 8465 1 Dalla s H Young
, Esq

. 

### 4 8 Nort h Universit y Avenue P.O

. BO X 67 2 Provo,
, U T 8460 3 

### Anthony L Rampton
, Esq

. 2 1 5 So

. Stat e St.
, 12t h Floo r P.O

. Bo x 51021 0 Salt Lak e City,
, U T 8415 1 

### Dwigh t L King
, Esq

. 

### 212 1 Sout h State Stree t Salt Lake City,
, U T 84115Merli n

O

. Baker
, Esq

. RAY
, QUINNE Y & NEBEXE R 4 0 0 Desere t Building 79 Sout h Mai n Stree t P.O

. Box 4538 5 Sal t Lak e City
, U T 84145-038 5