Class Representative Honorarium Sample Clauses

Class Representative Honorarium. Subject to Court approval, the Class Representative will receive an honorarium of up to $15,000 (the “Honorarium”). The Honorarium shall be paid out of the settlement payments that Settlement Class Members receive pursuant to this settlement, on a pro rata basis based on a total estimated number of on-road Eligible Vehicles in Canada, being 73,185. Accordingly, the pro rata share of the Honorarium for each Eligible Vehicle shall be $0.20 (the “Pro Rata Honorarium Share”). The Pro Rata Honorarium Share shall be deducted from each Settlement Class Member Payment made, in proportion to the number of Valid Claims made in respect of each Eligible Vehicle in accordance with the Claims Program. After administration of the Claim Program has ended, the Settlement Administrator shall pay to the Class Representative the total amount of the Pro Rata Honorarium Shares deducted (the “Honorarium Payment”). No part of the Honorarium shall be paid by the Defendants.
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Related to Class Representative Honorarium

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  • Selection of Representatives a) Each central party and the Crown shall select its own representatives to the Committee.

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