Allowable Fees and Costs. Subject to the approval of the Court, Class Counsel shall file an application for attorneys’ fees of not more than 8.5 percent of the amount(s) paid by the Judgment Fund, and necessary costs incurred, to reflect their reasonable contingent fees in achieving this FSA and for services anticipated to be rendered through the management and distribution of the FSA, exclusive of services agreed to be performed without additional compensation by PSA I, PSA II and PSA III. Defendants agree that an 8.5 percent fee is fair and reasonable and support Class Counsel’s fee application. Allowable costs shall include, but not be limited to: (1) those items identified in Section 10.a. of PSA I; in Section VII.A. of PSA II; in Section VIII.A. of PSA III; and in this Section; and (2) applicable New Mexico state gross receipts tax on attorneys’ fees. Attorneys’ fees and costs, as approved by the Court, shall be paid from the Settlement Amount. Unless the United States Department of the Treasury determines otherwise, these attorneys’ fees and costs may be subject to offset and/or levy pursuant to the requirements of Treasury Debt Collection Authorities should the debt of a Class Member to the United States exceed that Class Member’s share of the Net Settlement Amount. Such offset and/or levy shall be limited to a Class Member’s share of these attorneys’ fees and costs based on that Class Member’s Distribution Percentage.
Allowable Fees and Costs. LADWP shall pay for services established in a Task Order executed in accordance with Article VI, Task Order Development and Approval, of this Agreement and based upon the Consultant and Subconsultant labor rates established in Exhibit C, Fee Schedule, which is attached hereto and made a part hereof. Such labor rates are inclusive of salary, employee benefits, overhead, profit, general office expenses, administrative services, invoice preparation and processing, routine telecommunications, internet, persona! computer, facsimile, routine postage, individual shipping charges of less than ten dollars ($10.00), incidental copying, one hard copy of deliverables, and one electronic copy of deliverables costs.
Allowable Fees and Costs. The LADWP shall pay for services established in a Task Order executed in accordance with Article V, Task Order Development and Approval, of this Agreement, based upon Consultant and subconsultant labor rates established in Exhibit A, Fee Schedule, which is attached hereto and made a part hereof. Such labor rates are inclusive of salary, employee benefits, overhead, profit, general office expenses, administrative services, invoice preparation and processing, routine telecommunications, internet, personal Los Angeles Department of Water-and Power- Parsons Professional and Technical Engineering and Architectural Design Services computer, facsimile, routine postage, individual shipping charges of less than $10, incidental copying, one hard copy of Deliverables, and one electronic copy of Deliverables costs. The charges set forth in Exhibit A of this Agreement are to be in effect as of the effective date of this Agreement for a period of 12 months thereafter, As of the date of this . Agreement and every 12 months thereafter, these charges will be reviewed by the LADWP and Consultant and may be changed by mutual agreement, upward or downward, to reflect increased or decreased costs. These changes shall not exceed the previous year's average Consumer Price Index amount calculated by using the "annuai" average column data for the United States (U.S.) Department of Labor, Bureau of Labor Statistics' Consumer Price Index, U.S. city average for Urban Wage Earners and Clerical Workers.
