Class Representative Incentive Award Sample Clauses

Class Representative Incentive Award. Class Counsel shall, in conjunction with the hearing on final approval of this Settlement Agreement, apply to the Court for a Service Award of $5,000 for Plaintiff in accordance with Section II.B.1 above. Within twenty days of the Effective Date, the Settlement Administrator shall disburse to Plaintiff from the Gross Settlement Fund the amount approved and awarded by the Court as an incentive award. The Settlement Administrator shall report the Service Award (on which there will be no tax withholding) on IRS Form 1099 (marked “Other Income”).
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Class Representative Incentive Award. Plaintiffs will request Class Representative Incentive Awards of $5,000.00 to each Plaintiff ($10,000.00 total) from the Gross Settlement Amount for Plaintiffs’ general release of claims, their time and risks in prosecuting this Lawsuit, and their service to the Settlement Class. This award will be in addition to Plaintiffs’ Settlement Share as a Settlement Class member and shall be reported on an IRS Form 1099 by the Settlement Administrator. The Settlement Administrator will mail Plaintiffs the Class Representative Incentive Awards and issue Plaintiffs IRS Forms 1099 when it mails the Settlement Shares.
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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.
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Class Representative Incentive Award. The Court further finds that an incentive award for Class Representative Xxxxxxxx Xxxxxxxxx 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 Xx. Xxxxxxxxx as provided in the Settlement Agreement.
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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 Xxxxx 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.
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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.
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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.
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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 Court.
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Class Representative Incentive Award 
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Related to Class Representative Incentive Award

  • Performance Incentive 4.9.1 If the Seller delivers Coal to the Purchaser in excess of ninety percent (90%) of the ACQ in a particular Year, the Purchaser shall pay the Seller an incentive (“Performance Incentive”/ “PI”), to be determined as follows: PI = P x Additional Deliveries x Multiplier Where: PI = The Performance Incentive payable by the Purchaser to the Seller P = The Base Price of Highest Grade, as shown in Schedule II Additional Deliveries = Quantity [in tonnes] of Coal delivered by the Seller in the relevant Year in excess of 90% of the ACQ. Multiplier shall be 0.15 for Additional Deliveries between 90%-95% of ACQ and 0.30 for Additional Deliveries in excess of 95% of ACQ.

  • Sick Leave Incentive Program MSUAASF and Minnesota State may develop a sick leave incentive program through the establishment of a joint committee.

  • Attendance Incentive Program In January of the year following any year in which a minimum of sixty (60) days of leave for illness or injury is accrued, and each January thereafter, any eligible employee may exercise an option to receive remuneration for unused leave for illness or injury accumulated in the previous year at a rate equal to one (1) day of monetary compensation of the employee for each four (4) full days of accrued leave for illness or injury in excess of sixty (60) days. Leave for illness or injury for which compensation has been received shall be deducted from accrued leave for illness or injury at the rate of four (4) days for every one (1) day of monetary compensation; provided, however, no employee shall receive compensation under this section for any portion of leave for illness or injury accumulated at a rate in excess of one (1) day per month. At the time of separation from school district employment due to retirement or death an eligible employee or the employee's estate shall receive remuneration at a rate equal to one (1) day of current monetary compensation of the employee for each four (4) full days accrued leave for illness or injury. The provisions of this section shall be administered in accordance with state law and applicable state rules and regulations. Should the legislature revoke any benefits granted under this section, no affected employee shall be entitled thereafter to receive such benefits as matter of contractual right.

  • Performance Pay In accordance with Section 8 of the General Appropriations Act for Fiscal Year 2020-2021, contingent upon the availability of funds and at the Agency Head’s discretion, each agency is authorized to grant merit pay increases based on the employee’s exemplary performance, as evidenced by a performance evaluation conducted pursuant to Rule 60L-35, Florida Administrative Code.

  • Performance Incentives Provided that sufficient funds are available from athletics revenue or gifts for the unrestricted use of the Department of Athletics, Athletics Director shall be entitled to receive additional non-salary compensation from the University in the form of the following stated bonuses for increased responsibilities, provided that all varsity sports are in compliance with all Governing Athletics Rules and University Rules, and there are no pending or active NCAA or __________ Conference investigations or major violations of which Athletics Director knew or should have known. [Insert Incentives – See examples below

  • PERFORMANCE PERIOD This Agreement shall be performed during the period which begins Oct 01 2020 and ends Sep 30 2022. All services under this Agreement must be rendered within this performance period, unless directly specified under a written change or extension provisioned under Article 14, which shall be fully executed by both parties to this Agreement.

  • Educational Incentive Pay Effective January 1, 2022, the current Education Incentive Differential (EID) rates from the pre-existing salary schedules shall be eliminated and, in their place, the following Educational Incentive Pay program will be applied. The salary schedules contained in Addendum B reflect the new Educational Incentive pay allowances. Upon successful completion of field training and promotion to the rank of Police Officer, an officer who has received or obtains one of the degrees set forth below from an accredited college or university shall receive an annual incentive allowance added to their hourly rate, as follows: • $1,500 for associate’s degree ($0.723/hour) • $3,000 for bachelor’s degree ($1.446/hour) • $4,500 for master’s degree and above ($2.169/hour) Educational incentives are not cumulative, but rather the employee will be entitled to the highest incentive based on the degree(s) obtained. In the event an employee obtains a new or higher degree during employment, the employee will submit to the Department proof of degree attainment. Upon verification and approval by the Department, within thirty (30) days of submission, the employee’s pay will be adjusted effective on the first day of the pay period following the date of submission by the employee. Any current employee with an EID classification will be adjusted to the non-EID rate, but will receive the annual incentive allowance as part of their hourly rate, spread over twenty-six (26) pay periods. The hourly rate will be calculated by dividing the annual educational incentive by 2,074 hours. Educational incentive pay will be included in the regular rate for overtime purposes. In addition, it will be counted as part of the employee’s annual salary for pension purposes, consistent with the prevailing Fire & Police Employees Retirement System regulations, and reflected on the salary schedules.

  • Incentive Pay (1) For any calendar year: in which twenty-five percent (25%) of the number of members employed as of January 1 of each year are rated as either Level II or Level III in every phase of the PFT then

  • Employment of Relatives The School and its employees shall comply with state law prohibiting the employment of relatives which prohibits the appointment, employment, promotion, or advancement, or the advocacy for appointment, employment, promotion, or advancement in or to a position in the charter school in which the personnel are serving or over which the personnel exercises jurisdiction or control of an individual who is a relative.

  • Final Award Where the tribunal makes a final award against a party, the tribunal may award, separately or in combination, only:

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