Class Representative Incentive Payment Sample Clauses

Class Representative Incentive Payment. Class Counsel will petition the Court for an Incentive Payment for the service to the Settlement Class and the time and effort that the Class Representative personally invested in this Litigation, to be paid solely from the Settlement Amount. The Full Notice shall advise the class on the amount sought. Defendants retain the right to object to Class Counsel’s petition.
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Class Representative Incentive Payment. Class Counsel may petition the Court for a reasonable Incentive Payment to the Class Representatives from the Settlement Fund. Class Counsel shall be responsible for distributing to the Class Representatives any Incentive Payment awarded by the Court.
Class Representative Incentive Payment. The Medical Monitoring Settlement Amount does not include any incentive payment sought by the Plaintiff class representatives, which Plaintiffs will request from the Court, and the Hannibal Defendants agree to pay and not to oppose any application to the Court for payment of such incentive fees, in an amount not greater than $4,000 per class representative.
Class Representative Incentive Payment. The amount the Court awards to Plaintiffs Xxxxxx Xxxxxxx, Xxxxx Xxxxxxxx, and Xxxx Xxxxx for their services as Class Representative, which will not exceed $10,000.00 each. These payments shall be paid from the Qualified Settlement Fund and will not be opposed by Defendant. These incentive payments are subject to approval by the Court. If the Court awards less than the amounts requested, any amounts not awarded will become part of the Net Fund Value for distribution to Participating Class Members.
Class Representative Incentive Payment. On or before the Payment Date, the Settlement Administrator shall issue from the Gross Settlement Amount the Class Representative Incentive Payment awarded by the Court not to exceed the amount of $7,500.00 for Plaintiff Xxxxxxx Xxxxxxx for her provision of services to the Class Members during the Litigation. The Class Representative Incentive Payment is to compensate Plaintiff for her service and risk incurred in connection with serving as a Class Representative. The Class Representative Incentive Payment is also provided in consideration for the Plaintiff executing a full and separate release of claims not required from other Class Members, as set forth below. The Class Representative Incentive Payment will be paid to Plaintiff in addition to Plaintiff’s Individual Settlement Payment. The Class Representative Incentive Payment shall not be considered wages, and therefore, are not subject to any tax withholding or contribution, and an IRS Form 1099 will be issued with respect to the payments. Plaintiff shall be responsible for her own tax obligations with respect to the Class Representative Incentive Payment. The Parties agree that the Class Representative Incentive Payment to Plaintiff is fair and reasonable. Should the Court award the Class Representative Incentive Payment less than the amount being requested, the difference shall revert to the Net Settlement Fund.
Class Representative Incentive Payment. Class Counsel will petition the Court for an Incentive Payment not to exceed Twelve Thousand Five Hundred Dollars ($12,500) for his service to the Settlement Class and the time and effort that the Class Representative personally invested in this Litigation, to be paid by Off Lease Only from the Settlement Fund. Off Lease Only agrees not to object to an Incentive Payment not to exceed $12,500. Class Counsel shall be solely responsible for distributing to the Class Representative any Incentive Payment awarded by the Court, and Off Lease Only shall have no responsibility, role, or liability in connection with such payment.

Related to Class Representative Incentive Payment

  • Annual Incentive Payment The Executive shall participate in the Company's Management Incentive Plan (or such alternative, successor, or replacement plan or program in which the Company's principal operating executives, other than the Chief Executive Officer, generally participate) and shall have a targeted incentive thereunder of not less than $240,000 per year; provided, however, that the Executive's actual incentive payment for any year shall be measured by the Company's performance against goals established for that year and that such performance may produce an incentive payment ranging from none to 200% of the targeted amount. The Executive's incentive payment for any year will be appropriately pro-rated to reflect a partial year of employment.

  • Incentive Payment 11.3.1 An employer may offer and an employee may accept an early retirement incentive based on the age at retirement to be paid in the following amounts Age at Retirement % of Annual Salary at Time of Retirement 11.3.2 An employer may opt to pay the early retirement incentive in three equal annual payments over a thirty-six (36) month period. 11.3.3 Eligible bargaining unit members may opt for a partial early retirement with a pro- rated incentive.

  • Incentive Payments The Settlement Fund Administrator will treat incentive payments under Section IV.F on a State-specific basis. Incentive payments for which a Settling State is eligible under Section IV.F will be allocated fifteen percent (15%) to its State Fund, seventy percent (70%) to its Abatement Accounts Fund, and fifteen percent (15%) to its Subdivision Fund. Amounts may be reallocated and will be distributed as provided in Section V.D.

  • Bonus Amount For purposes of this Agreement, "Bonus Amount" shall mean the greater of (a) the target annual bonus payable to the Executive under the Incentive Plan in respect of the fiscal year during which the Termination Date occurs or (b) the highest annual bonus paid or payable under the Incentive Plan in respect of any of the three full fiscal years ended prior to the Termination Date or, if greater, the three (3) full fiscal years ended prior to the Change in Control.

  • 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 (a) Members who are rated at Level II in all phases of the PFT will receive three hundred dollars ($300.00) in a one-time lump sum payment. (b) Members who are rated at Level III in all phases of the PFT will receive six hundred dollars ($600.00) in a one-time lump sum payment. (2) For any calendar year in which fifty percent (50%) 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: (a) Members who are rated at Level II in all phases of the PFT will receive six hundred dollars ($600.00) in a one-time lump sum payment. (b) Members who are rated at Level III in all phases of the PFT will receive nine hundred dollars ($900.00) in a one-time lump sum payment. (3) All lump sum payments referenced herein will be paid in February of the following year.

  • Bonus Payment Executive will receive a lump-sum payment equal to one hundred fifty percent (150%) of the higher of (A) the greater of (x) Executive’s target bonus for the fiscal year in which the Change of Control occurs (as in effect immediately prior to the Change of Control) or (y) Executive’s target bonus as in effect for the fiscal year in which Executive’s termination of employment occurs, or (B) Executive’s actual bonus for performance during the calendar year prior to the calendar year during which the termination of employment occurs. For avoidance of doubt, the amount paid to Executive pursuant to this Section 3(b)(iii) will not be prorated based on the actual amount of time Executive is employed by the Company during the fiscal year (or the relevant performance period if something different than a fiscal year) during which the termination occurs.

  • Payment Amount Payment for the Services shall be as follows: (choose one) ☐ - $______________________ for the Services (“Payment”). ☐ - At an hourly rate of $____ per hour (“Payment”). ☐ - Other. ______________________________________________ (“Payment”) If the Subcontractor asserts a claim which involves, in whole or in part, acts or omissions which are the responsibility of the Client or another person for whom a claim may be submitted, including but not limited to, claims for failure to pay, an extension of time, impacts, delay damages, or extra work, the Contractor shall present the Subcontractor's claim to the Client or other responsible party provided the Subcontractor presents to Contractor competent supporting evidence and in sufficient time for the Contractor to do so. The Subcontractor shall cooperate fully with the Contractor in any and all steps the Contractor takes in connection with prosecuting such a claim and shall hold harmless and reimburse the Contractor for all expenses, including legal expenses, incurred by the Contractor which arise out of the Contractor's submission of the Subcontractor's claims to the Client or other responsible party(ies). The Subcontractor shall be bound by any adjudication or award in any action or proceeding resolving such a claim.

  • Monthly Management Fee Payment On the first business day of each month, each class of each Fund shall pay the management fee to the Investment Manager for the previous month. The fee for the previous month shall be the sum of the Daily Management Fee Calculations for each calendar day in the previous month.

  • Annual Incentive The Employee shall be entitled to receive a percentage of the Employee's Target Incentive for the calendar year in which such termination occurs. Such percentage shall equal a fraction, the numerator of which shall be the number of days in such calendar year up to and including the date of such termination and the denominator of which shall be the number of days in such calendar year. Such amount shall be payable according to the normal practice of the Company with respect to the payment of bonuses.

  • Annual Incentive Bonus The Company shall, in addition to Executive’s Base Salary, pay Executive an Annual Incentive Bonus, which shall be payable within 120 days of the end of each fiscal year in accordance with the formula set forth on Exhibit A, attached hereto and made a part hereof.

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