Calculation of Payments to Class Members. After all of the payments of the court-approved Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, the Class Representative Service Payment, the LWDA Payment, and the Settlement Administration Expenses are deducted from the Gross Settlement Amount, the remaining portion, the “Net Settlement Amount” shall be distributed as Settlement Shares to the Participating Class Members, which are all Class Members who do not opt out. The Net Settlement Amount is estimated to be at least $ . Settlement Administrator will pay a Settlement Share from the Net Settlement Amount to each Participating Class Member. The Settlement Share for each Participating Class Member will be calculated by (a) dividing the Net Settlement Amount by the total number of workweeks worked for all Participating Class Members that occurred during the Class Period and (b) multiplying the result by each individual Participating Class Member’s workweeks that occurred during the Class Period. Defendant has represented that the Class consists of an estimated total of 563 Class Members who collectively worked an estimated workweeks during the Class Period in California. The PAGA Settlement Shares for each Class Member who worked during the PAGA Period will be calculated by (a) dividing the $15,000 portion of the PAGA Award by the total number of workweeks Class Members who worked during the PAGA Period and (b) multiplying the result by each individual Class Member’s workweeks that occurred during the PAGA Period. Defendant has represented that the Class Members who worked during the PAGA Period consists of an estimated total of Class Members who collectively worked an estimated
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Samples: Class Action Settlement Agreement
Calculation of Payments to Class Members. After all of the payments of the court-approved Class Counsel Attorneys’ Fees Payment, Class Counsel Litigation Expenses Paymentand Costs, the Class Representative Service Payment, the LWDA PaymentPAGA Penalties, and the Settlement Administration Expenses Payment are deducted from the Gross Settlement Amount, the remaining portion, the “Net Settlement Amount” ”, shall be distributed as Settlement Shares Individual Class Payments to the Participating Class Members, which are all Class Members who do not opt out. The Net Settlement Amount is estimated to be at least $ . Settlement The Administrator will pay a Settlement Share an Individual Class Payment from the Net Settlement Amount to each Participating Class Member. The Settlement Share Individual Class Payment for each Participating Class Member will be calculated by (a) dividing the Net Settlement Amount by the total number of workweeks Workweeks worked for by all Participating Class Members that occurred during the Class Period and (b) multiplying the result by each individual Participating Class Member’s workweeks that occurred during the Class PeriodWorkweeks. Defendant has represented that the Class consists of an estimated total of 563 Class Members who collectively worked an estimated workweeks “Workweek” means any week during the Class Period in Californiawhich a Class Member worked for Defendants as a Class Member for at least one day. The PAGA Settlement Shares for each Class Member who worked during the PAGA Period number of Workweeks will be calculated by (a) dividing based on Defendants’ records, however, Class Members may challenge the $15,000 portion of the PAGA Award by the total number of workweeks Class Members who worked during Workweeks as explained below. Payment is in settlement of wage claims (the PAGA Period “Wage Portion”). Accordingly, the Wage Portion is subject to wage withholdings, and shall be reported on IRS Form W-2. Eighty Percent (b80%) multiplying the result by of each individual Participating Class Member’s workweeks that occurred during Individual Class Payment is in settlement of claims for non-wages, expense reimbursement, penalties, and interest due to employees (collectively the PAGA Period“Non-Wage Portion”). Defendant has represented that The Non-Wage Portion shall not be subject to wage withholdings, and shall be reported on IRS Form 1099. The employee portion of all applicable income and payroll taxes will be the responsibility of the Participating Class Members who worked during Members. Neither Class Counsel nor Defendants’ Counsel intend anything contained in this Class Notice to constitute advice regarding taxes or taxability. The tax issues for each Participating Class Member are unique to him/her, and each Participating Class Member may wish to consult a tax advisor concerning the PAGA Period consists tax consequences of an estimated total of Class Members who collectively worked an estimatedthe payments received under the Settlement.
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Calculation of Payments to Class Members. After all of the payments of the courtCourt-approved Class Counsel Attorneys’ Fees Payment, Class Counsel Litigation Expenses Paymentand Costs, the Class Representative Service Payment, the LWDA PaymentPAGA Penalties, and the Settlement Administration Expenses Payment are deducted from the Gross Settlement Amount, the remaining portion, the “Net Settlement Amount” ”, shall be distributed as Settlement Shares Individual Class Payments to the Participating Class Members, which are all Class Members who do not opt out. The Net Settlement Amount is estimated to be at least $ . The Settlement Administrator will pay a Settlement Share an Individual Class Payment from the Net Settlement Amount to each Participating Class Member. The Settlement Share Individual Class Payment for each Participating Class Member will be calculated by (a) dividing the Net Settlement Amount by the total number of workweeks Workweeks worked for by all Participating Class Members that occurred during the Class Period and (b) multiplying the result by each individual Participating Class Member’s workweeks that occurred during the Class PeriodWorkweeks. Defendant has represented that the Class consists of an estimated total of 563 Class Members who collectively worked an estimated workweeks “Workweek” means any week during the Class Period in Californiawhich a Class Member worked for Defendant as a Class Member for at least one day. The PAGA Settlement Shares number of Workweeks will be based on Defendant’s records, however, Class Members may challenge the number of Workweeks as explained below. taxes will be the responsibility of the Participating Class Members. Neither Class Counsel nor Defendant’s Counsel intend anything contained in this Class Notice to constitute advice regarding taxes or taxability. The tax issues for each Participating Class Member who worked during are unique to him/her, and each Participating Class Member may wish to consult a tax advisor concerning the PAGA Period will be calculated by (a) dividing the $15,000 portion tax consequences of the PAGA Award by payments received under the total number of workweeks Class Members who worked during the PAGA Period and (b) multiplying the result by each individual Class Member’s workweeks that occurred during the PAGA Period. Defendant has represented that the Class Members who worked during the PAGA Period consists of an estimated total of Class Members who collectively worked an estimatedSettlement.
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