Class Representative Incentive Award Clause Samples

Class Representative Incentive Award. Class Counsel shall, in conjunction with the hearing on final approval of this Settlement Agreement, apply to the Court for Service Awards of $7,500 each for the Plaintiffs in accordance with Section II.B.2 above. Within thirty days of the Effective Date, the Settlement Administrator shall disburse to each Plaintiff from the Settlement Proceeds the amount approved and awarded by the Court as an incentive award. The Settlement Administrator shall report the Service Awards (on which there will be no tax withholding) on IRS Forms 1099 (marked “Other Income”).

Class Representative Incentive Award. Class Counsel may petition the Court for an incentive award of up to $5,000 for Plaintiff. The purpose of such award shall be to compensate the Plaintiff for efforts undertaken by him on behalf of the Class. Any incentive award made by the Court shall be paid within 30 days of the Effective Date.

Class Representative Incentive Award. The Court further finds that an incentive award for Class Representative ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ in the amount of $10,000 is fair and reasonable, and the Court approves of the incentive award in this amount. The Court directs the Settlement Administrator to disburse this award to ▇▇. ▇▇▇▇▇▇▇▇▇ as provided in the Settlement Agreement.

Class Representative Incentive Award. 5.1 Class Counsel shall petition the Court for, and CVS shall not oppose, a Class Representative Incentive Award of no more than $2,500.00 to each of the Representative Plaintiffs (for a total of $5,000), in recognition of their multi-year efforts on behalf of the Settlement Class during the course of this hard-fought litigation. The Court’s award of any Class Representative Incentive Award shall be separate from its determination of whether to approve the Settlement as set forth in this Agreement. In the event the Court approves the Settlement, but it declines to award a Class Representative Incentive Award or awards a lesser amount than that requested by Class Counsel, the Settlement will nevertheless be binding on the Parties. If the Court declines to approve the Settlement, no Class Representative Incentive Award shall be paid. CVS shall pay such awards by wire transfer to ▇▇▇▇▇ LLP within sixty (60) days after the later of the Final Settlement Approval Date and the delivery to CVS of all payment routing information and tax I.D. number for each Representative Plaintiff. Payment by CVS of the Class Representative Incentive Award is separate from, and in addition to, the other relief afforded to the Settlement Class Members in this Agreement.

Class Representative Incentive Award. Class Counsel shall apply to the Court for a $5,000 incentive award to Plaintiff for her service as class representative. The Claims Administrator shall disburse to Plaintiff from the Settlement Trust the amount approved and awarded by the Court as an incentive award.

Class Representative Incentive Award a. No later than fourteen (14) days before the Objection Deadline, the Settlement Class Representative and Class Counsel may make written application to the Court for an Incentive Award not to exceed the amount of five thousand dollars ($5,000.00 USD) to be paid to the Settlement Class Representative for his service as a class representative in the Action and the settlement. The Parties agree that the Court (and only the Court) shall determine the final amount, if any, of the Incentive Award. ▇. ▇▇▇▇▇▇ agrees not to oppose any such application provided that it is in accord with the limitations set forth in this Section. c. The Incentive Award shall be paid out of the Settlement Fund. In the event the Incentive Award finally approved by the Court is less than five thousand dollars ($5,000.00), the difference between the amount requested and the amount awarded shall remain as part of the Settlement Fund. d. Subject to the terms and conditions of this Agreement, within five (5) calendar days after the Funding Date, and only in the event that the Court has approved an Incentive Award to the Named Plaintiff, the Settlement Administrator shall distribute from the Settlement Fund the amount of any Incentive Award. Said distribution shall be made as directed by Class Counsel. The Settlement Representative, through Class Counsel, shall provide a W-9 form to Eurton and the Settlement Administrator prior to payment.

Class Representative Incentive Award. Subject to Court approval, Plaintiff is entitled to $30,000, but no more, as an incentive award for her participation as Lawsuit class representative (“Class Representative Incentive Award”). Class Counsel shall petition for approval of the Class Representative Incentive Award at least thirty (30) days before the Final Approval Hearing, or such other date set by the

Class Representative Incentive Award