Common use of Application for Service Award Clause in Contracts

Application for Service Award. As part of the Motion for Final Approval, Class Counsel shall apply to the Court for a Service Award to be paid from the Settlement Amount to the Class Representative for serving as class representative in support of the Settlement, subject to any and all applicable tax withholdings. Popular Bank will not oppose such a request of up to $10,000.00 for the Class Representative.

Application for Service Award. As part of the Motion for Final Approval, Class Counsel shall apply to the Court for a Service Award to be paid from the Settlement Amount Fund to Plaintiff for serving as the Class Representative for serving as class representative in filing the Action and in support of the Settlement, subject to any and all applicable tax withholdings. Popular Bank XXXX will not oppose such a request of up to $10,000.00 5,000.00 as a Service Award for the Class RepresentativeRepresentative from the Settlement Fund, with no further obligation by XXXX.

Application for Service Award. As part of the Motion for Final Approval, Class Counsel shall apply to the Court for a Service Award to be paid from the Settlement Amount to the Class Representative for serving as class representative in support of the Settlement, subject to any and all applicable tax withholdings. Popular Bank XXXX will not oppose such a request of up to $10,000.00 5,000.00 for the Class Representative.